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Asara Resources Announces Proposed Securities Issuance

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Asara Resources Announces Proposed Securities Issuance

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Golden Rim Resources Ltd ( (AU:AS1) ) has provided an announcement.

Asara Resources Limited has announced a proposed issue of securities with a maximum of 104,517,541 fully paid ordinary shares. The issuance is scheduled for February 24, 2025, and is intended to facilitate a placement or other type of issue. This move could potentially increase the company’s capital and influence its market activities by providing additional funds for operations or expansion.

More about Golden Rim Resources Ltd

YTD Price Performance: 60.0%

Average Trading Volume: 804,540

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$31.89M

For an in-depth examination of AS1 stock, go to TipRanks’ Stock Analysis page.

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