AIC Mines Limited (AU:A1M) has released an update.
AIC Mines Limited has announced an Extraordinary General Meeting (EGM) for shareholders to be held on July 24, 2024, in Perth, where approval for the ratification of newly issued shares will be sought following a $57.2 million funding secured from investors. Shareholders are advised to vote in advance via proxy and to consult their advisors if in doubt about how to vote. The company has already placed over 108 million new shares to raise funds and seeks to refresh its capacity to issue additional shares under the relevant listing rules.
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