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OAR Resources Plans Major Securities Issue
Company Announcements

OAR Resources Plans Major Securities Issue

OAR Resources Ltd (AU:OAR) has released an update.

OAR Resources Limited has announced a new securities issue, with plans to issue up to 500 million ordinary fully paid shares and 50 million options, targeting a proposed issue date of April 12, 2024. This move aims to increase the company’s financial flexibility and potentially attract new investors. The exact details of the securities, including their class-code, will be confirmed in the near future.

For further insights into AU:OAR stock, check out TipRanks’ Stock Analysis page.

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