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Altamin Limited Announces Significant Share Issue

Altamin Limited Announces Significant Share Issue

Altamin Limited (AU:AZI) has released an update.

Altamin Limited has announced a proposed accelerated non-renounceable entitlement offer, planning to issue up to 351,079,228 fully paid ordinary shares. This move is set to resume trading on an ex-entitlement basis starting November 1, 2024, with key dates including a record date of November 4 and an offer closing date for retail holders on November 18. The offer aims to enhance capital structure, attracting investor interest in the company’s growth potential.

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

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