Peako Limited (AU:PKO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Peako Limited has launched a capital-raising initiative through a pro-rata non-renounceable entitlement offer, aiming to generate $1.054 million for the advancement of exploration projects and the evaluation of new opportunities. The offer, priced at $0.003 per new share, is exclusively available to eligible shareholders, with certain international shareholders excluded due to legal and regulatory considerations. Ineligible shareholders will have their entitled new shares and options sold on their behalf, with net proceeds distributed accordingly.
For further insights into AU:PKO stock, check out TipRanks’ Stock Analysis page.