Star Minerals Ltd. (AU:SMS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Star Minerals Limited is launching a renounceable rights issue to raise up to $2.5 million, priced at a 27% discount at 4 cents per share. This funding will support exploration at the Cobra Uranium Project in Namibia and other projects. The rights issue is open to eligible Australian and New Zealand shareholders, with trading rights starting on November 6, 2024.
For further insights into AU:SMS stock, check out TipRanks’ Stock Analysis page.