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29Metals Launches Retail Entitlement Offer to Raise Funds
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29Metals Launches Retail Entitlement Offer to Raise Funds

29metals Ltd. (AU:29M) has released an update.

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29Metals Limited has opened the retail component of its entitlement offer to raise approximately $36.2 million by inviting eligible retail shareholders to purchase new shares at $0.27 each. This follows the successful closure of the institutional component, which generated around $96.3 million. The offer, aimed at raising a total of $180 million, will close on December 19, 2024.

For further insights into AU:29M stock, check out TipRanks’ Stock Analysis page.

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