Dreadnought Resources Limited ( (AU:DRE) ) has shared an update.
Dreadnought Resources Limited has announced a proposed issue of 125 million ordinary fully paid securities under a securities purchase plan. This move is aimed at raising capital to support the company’s ongoing exploration and development activities, potentially strengthening its position in the mining sector and providing opportunities for growth and increased shareholder value.
More about Dreadnought Resources Limited
Dreadnought Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of valuable minerals, with a market focus on expanding its resource base and enhancing shareholder value.
YTD Price Performance: 50.0%
Average Trading Volume: 4,717,358
Technical Sentiment Signal: Hold
Current Market Cap: A$62.39M
See more data about DRE stock on TipRanks’ Stock Analysis page.