Empire Resources Limited (AU:ERL) has released an update.
Empire Resources Limited has announced a new proposed issue of securities, aiming to issue a maximum of 370,978,306 ordinary fully paid shares. The record date for the issue is set for April 17, 2024, with an offer closing date of May 2, 2024, and the issue date is May 9, 2024. This move indicates a significant potential expansion for the company’s capital base.
For further insights into AU:ERL stock, check out TipRanks’ Stock Analysis page.
