Protean Energy’s Public Offering to Fuel Growth

Protean Energy Limited (AU:POW) has released an update.

Protean Energy Limited, soon to be Aurora Rare Earths Limited, has announced a public offering aiming to raise $5 million by issuing 250 million new shares at $0.02 each. The offering is subject to meeting certain conditions outlined in their prospectus, which is part of the company’s re-admission to the ASX following a significant change in its business operations. Investors are advised to consider this as a speculative investment and should consult professionals before participating.

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