Aguia Resources (ASX:AGR) is handing loyal shareholders a front-row seat to its next growth chapter.

The company has announced a $3 million Share Purchase Plan (SPP), offering existing investors the chance to buy up to $30,000 worth of shares at just $0.04 each.

This SPP follows hot on the heels of a $3 million placement in April, where Hong Kong-based Patras Capital invested at a higher $0.05 per share. That round brought heavyweight backing from an experienced growth investor.

Why Now? Because the Drills Are Turning and the Ounces Are Flowing

Funds from the SPP will directly support Aguia’s gold and phosphate operations across South America. That includes:

• A 25-hole, 2,500-metre drilling program at the high-grade Santa Barbara Gold Project in Colombia.
• Ongoing mine development at the Tres Estradas phosphate project in Brazil, on track for production in late 2025.
• And general working capital—because ore doesn’t extract itself.

Executive Chairman Warwick Grigor summed it up succinctly:

“The Company is entering an exciting three-month period with the commencement of the exploration drilling program at Santa Barbara.”

That excitement isn’t just lip service. Aguia has already clocked its first gold sale, pocketing A$193,000, with more shipments in motion and export licensing in the works.

Meanwhile, shallow historic workings are confirming geological models, and the team is pushing ahead with infrastructure upgrades to double processing capacity from 30 to 50 tonnes per day.

Phosphate Project: Quietly Building a Brazilian Powerhouse

In parallel, the Tres Estradas phosphate project continues to tick boxes.

A long-term lease has been inked with local fertiliser producer Dagoberto Barcelos, mining contracts are secured, and the Brazilian Development Bank is already assessing finance applications for the mine start-up.

Aguia expects first production in Q4 2025, with early sales flowing in Q1 2026. With nearby exploration at Passo Feio and Vila Progresso ongoing, there’s more in the pipeline than just rock and dirt.

Leadership with Skin in the Game

Managing Director William Howe has over four decades in mining across Africa, Asia, Australia and Latin America—including four years operating in Colombia. He’s now overseeing operations on the ground in Santa Barbara.

The board isn’t just steering the ship—they’re on deck too, with extensive hands-on operational experience in financing, minerals exploration, mining and commercial project development in South American, Australia and around the world.

The Bigger Picture

Aguia isn’t just drilling holes—it’s aiming to build value. With a producing gold mine, a near-term phosphate operation, and copper potential, the company is positioning itself for multi-commodity growth. And in a world increasingly turning to gold for safety and phosphate for food security, Aguia is tapping into two of the most powerful global demand themes of the next decade.

Cheers,

Stevo – Armchair Banker MAppFin, AdvDipFP, ADA

‘Meet Stevo, the financial wizard behind Armchair Banker. With 15 years of experience in investment banking, corporate finance, and markets, Stevo’s résumé is so impressive it could intimidate a spreadsheet.’

For more ‘Ah-ha’ money and finance guides visit www.armchairbanker.com and subscribe to our newsletter  

www.armchairbanker.com

Follow us on socials

Join our Facebook Community - https://www.facebook.com/armchairbanker

Or join our Reddit Community - https://www.reddit.com/r/ArmchairInvestor/

X - https://x.com/armchairbankr

Full Disclosure: Stevo may or may not hold this asset at the time of publishing. Using my provided links/affiliate links could result in a payment or fee discount for Stevo, helps keep the lights and refill his whiskey on the rocks mate.

DISCLAIMER: The information in this article does not constitute personal financial advice. Consult your adviser or stockbroker prior to making any investment decision.

MORE DISCLAIMERS: Stevo is not a Financial Adviser, however, works as an Investment Banker assisting ASX listed companies with retail capital raises. All opinions expressed and written by Stevo, including all other ‘Armchair Banker’ contributors is for informational and entertainment purposes only and should not be treated as investment or financial advice of any kind. Any information provided from our articles, blogs and written opinions is general in nature and does not take into account your specific circumstances. Armchair Banker and its contributors are not liable to the reader or any other party, for the reader’s use of, or reliance on, any information received, directly or indirectly, from any content by Armchair Banker in any circumstances.

The reader should always (we’re serious about this):

1. Conduct their own research

2. Never invest more than they are willing to lose

3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video/article.