Dateline Resources Limited (AU:DTR) has released an update.
Dateline Resources Limited has announced a partially underwritten non-renounceable rights issue, offering new shares to existing shareholders without extensive disclosure, as per the Australian Corporations Act. The issue is expected not to materially affect company control due to its pricing at a discount and allocation terms favoring non-related party shareholders. Detailed information about this rights issue and its potential impact on company control is available in the offer booklet provided to the ASX and set to be distributed to eligible shareholders.
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