Javelin Minerals Limited (AU:JAV) has released an update.
Javelin Minerals Limited successfully raised $1.25 million through their non-renounceable pro-rata entitlement offer, with applications for both the Entitlement Issue and the Shortfall Offer exceeding the number of new shares available. This capital raise was met with robust support from major shareholders and strategic investors, affirming confidence in the company’s new leadership and strategic direction. The newly issued shares and options are scheduled to be released on 8 July 2024.
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