An update from Impact Minerals Limited ( (AU:IPT) ) is now available.
Impact Minerals Limited has announced a renounceable rights issue, offering 2 new shares for every 7 shares owned at a price of 0.6 cents per share, along with one free attaching listed option for every 2 shares subscribed. This initiative is expected to impact the company’s market positioning by potentially increasing its capital base, which could enhance its operational capabilities and provide more value to stakeholders.
More about Impact Minerals Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.68M
See more insights into IPT stock on TipRanks’ Stock Analysis page.