AusQuest Limited (AU:AQD) has released an update.
AusQuest Limited has announced a non-renounceable pro-rata rights offer to raise $2.64 million, aiming to fund exploration drilling programs in Peru and seek new opportunities in Australia. The offer, accompanied by a prospectus, allows eligible shareholders to buy additional shares at $0.008 each and includes one free option for every two shares subscribed. The raised funds will also support the company’s working capital and strategic partnerships.
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