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3D Resources Limited ( (AU:ADG) ) has issued an update.
Adelong Gold Limited has issued 279,497,240 fully paid ordinary shares at a price of $0.0042 per share through a placement to sophisticated and professional investors. This move, facilitated by GBA Capital Pty Ltd as the lead manager, allows the company to expand its capital base. The placement includes free attaching options for participants and a separate issuance of options to GBA, pending shareholder approval, potentially impacting the company’s financial strategy and market positioning.
More about 3D Resources Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.71M
See more data about ADG stock on TipRanks’ Stock Analysis page.
