Javelin Minerals Limited (AU:JAV) has released an update.
Javelin Minerals Limited has announced a significant new securities issue, proposing a combined total issuance of 1.375 billion options expiring in December 2028 and 2 billion ordinary shares. The issuance is scheduled in two parts: a standard pro rata non-renounceable issue and a separate placement, with important dates ranging from 13th June to 5th July 2024. This move by Javelin could indicate a strategic plan for growth or capital raising, sparking interest among investors.
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