Buxton Resources Limited (AU:BUX) has released an update.
Buxton Resources Limited has issued a prospectus detailing offers including Placement Options, Adviser Options, SPP Shares, and Top-Up Options, all with a 16 cents exercise price and a 31 July 2026 expiry. These offers are contingent on shareholder approval at a general meeting scheduled for 17 July 2024. The prospectus, which follows section 713 of the Corporations Act, is primarily targeted at Australian and New Zealand investors, with the application for ASX quotation of these securities to occur within 7 days post-prospectus.
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