Australian Pacific Coal Limited (AU:AQC) has released an update.
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Australian Pacific Coal Limited (AQC) is set to commence production, marked by a recent equity raising effort involving the placement of new shares and a fully underwritten entitlement offer targeted at existing shareholders. Intended for private use and not for distribution in the United States, this initiative aims to finance the company’s operations and future project developments. Investors are advised to consult the Retail Offer Booklet and conduct thorough due diligence before participating in the offer.
For further insights into AU:AQC stock, check out TipRanks’ Stock Analysis page.