AuKing Mining’s Rights Issue to Raise Funds

AuKing Mining Ltd (AU:AKN) has released an update.

AuKing Mining Ltd announces a non-renounceable rights issue aiming to raise approximately $1.487 million by offering two new shares for every three held, priced at $0.007 each, coupled with free-attaching options. The offer, managed by Empire Capital Partners and CoPeak Pty Ltd, closes on 10th October 2024. Investors are advised to consider the speculative nature of the securities and consult with professionals if in doubt.

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