AusQuest Limited Announces New Rights Issue
Company Announcements

AusQuest Limited Announces New Rights Issue

AusQuest Limited (AU:AQD) has released an update.

AusQuest Limited has announced a non-renounceable pro-rata rights issue to raise up to $2,643,678, offering 2 new shares for every 5 held at $0.008 each, with a free option for every 2 shares purchased. Eligible shareholders and third-party investors can also subscribe for any shortfall from the rights offer, which is set to close on November 4, 2024. The company advises that this investment is speculative and encourages consulting professional advisors.

For further insights into AU:AQD stock, check out TipRanks’ Stock Analysis page.

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