Airborne survey. Source: Parabellum Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Parabellum Resources (PBL) enters into a trading halt ahead of a capital raise
  • It is not known to the market on how much the company is aiming to raise or how it plans to spend the money
  • Company shares will be paused until Friday, August 19, or when further information has been released to the market
  • Shares in Parabellum last traded at 25 cents on August 16

Parabellum Resources (PBL) has entered into a trading halt ahead of a capital raise.

It is not known to the market on how much the company is aiming to raise or how it plans to spend the money.

Company shares will be paused until Friday, August 19, or when further information has been released to the market.

The company is an Australian minerals explorer committed to increasing shareholder wealth through the acquisition, exploration and development of mineral resource projects in Australia and abroad.

Earlier in the year, the company had begun its airborne electromagnetic (EM) surveying in early February to generate walk-up drill targets.

The aim of the survey is to target massive sulphide copper mineralisation in Western NSW and copper-gold skarn mineralisation around an intrusive complex in Central NSW.

Shares in Parabellum last traded at 25 cents on August 16.

PBL by the numbers
More From The Market Online
Tariff concept

Week 14 Wrap: Tariffs tank markets as expected; will Rio Tinto ditch LSE?; EU ETFs soar

Let's start with the obvious one: Trump's wave of "Liberation Day" tariffs have finally come, and…
The Market Online Video

HotCopper Highlights for Week 14 – Mesoblast, Cettire, Neurizon & more!

Good Afternoon and welcome to this edition of HotCopper Highlights, I’m Jonathon Davidson. Let's get into…
Flag of Spain

Elementos publishes robust DFS for Oropesa tin project

Elementos Ltd has seen its shares rise more than 2% following its release of a definitive…
The Market Online Video

Friday’s HotCopper Trends: Mesoblast dodges tariffs, Orthocell’s FDA tick | April 4, 2025

The ASX has been down 1.5% at 7,739 points this morning.