Aldebaran Resources Inc. announced a non-brokered private placement of 17,295,647 common shares at a price of CAD 1.01 per common share for gross proceeds of CAD 17,468,604 co-led by existing investors, South32 Limited, Route One Investment Company, L.P. on August 1, 2023. The transaction will be in two tranches. In the first tranche, South32 Limited will acquire 8,528,756 common shares at CAD 1.01 per common share.