Andromeda Metals Limited (AU:ADN) has released an update.
Andromeda Metals Limited is set to raise approximately $3.1 million through a new share offer at $0.012 each, with accompanying options, and additional placement and broker options, all with an exercise price of $0.0175. The move is aimed at eligible shareholders and involves the non-renounceable entitlement offer on a 1 for 13 basis, subject to shareholder approval. Interested investors are encouraged to fully review the company’s prospectus before participating in the offers.
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