Dateline Resources Limited (AU:DTR) has released an update.
Dateline Resources Limited, an Australian mining company, announces the appointment of Mahe Capital Pty Ltd as the lead manager to oversee its $4.2 million non-renounceable rights issue offer. Mahe Capital will manage the issue and handle the Shortfall Placement, aiming to place any new shares not picked up by existing shareholders. The rights issue is part of Dateline’s focus on its Colosseum Gold-REE Project in California, promising to enhance shareholder value and solidify the company’s financial standing.
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