Sunstone Metals Limited (AU:STM) has released an update.
Sunstone Metals Limited announces a non-renounceable, pro rata Rights Issue to raise approximately $4.28 million, offering New Shares at $0.011 each. Shareholders can purchase one New Share for every nine held before the issue, with the offer window open from May 13 to May 27, 2024. The company cautions this investment is speculative and advises potential investors to seek professional advice.
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