Arafura Resources Limited (AU:ARU) has released an update.
Arafura Rare Earths Limited has announced the opening of its Share Purchase Plan (SPP) aiming to raise A$7 million, with the potential for an additional A$3 million in oversubscriptions. The SPP offers eligible shareholders the opportunity to acquire new shares at a discounted price, without brokerage fees. Concurrently, the company has called an extraordinary general meeting for shareholder approval related to the SPP, scheduled for September 4, 2024.
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