Castle Minerals Limited (AU:CDT) has released an update.
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Castle Minerals Limited has announced a proposed issuance of new securities, including 256 million and 125 million options expiring in December 2026, and 512 million ordinary fully paid shares. This strategic move aims to enhance the company’s capital structure and provide growth opportunities in the competitive mining sector. The proposed issue date is set for November 13, 2024, as the company seeks approval from the ASX.
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