Antilles Gold (AU:AAU) has released an update.
Antilles Gold Limited has announced a non-renounceable entitlement offer to raise approximately $4 million, by offering new shares and options to eligible shareholders. The offer, open only to shareholders in Australia and New Zealand, is aimed at funding various initiatives including a Cuban joint venture mine development, repayment of loans, and general corporate expenses. Shareholders will have until July 9, 2024, to participate in the offer, which is managed by Mahe Capital Pty Ltd.
For further insights into AU:AAU stock, check out TipRanks’ Stock Analysis page.
