Peak Minerals Initiates Share Entitlement Offer

Peak Minerals (AU:PUA) has released an update.

Peak Minerals Ltd has launched a 2 for 5 non-renounceable entitlement offer for eligible shareholders, with the aim to fund exploration activities and provide working capital. The offer, detailed in a Prospectus available online, is not underwritten and invites participation before its closing at 5:00pm AWST on August 13, 2024. Following the offer, Peak Minerals expects to increase its total shares on issue to approximately 1.68 billion.

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