Superior Resources Limited (AU:SPQ) has released an update.
Superior Resources Limited has announced a new pro rata securities issue, with a proposal to issue up to 71,472,157 options and 142,944,316 ordinary shares. The options come with an exercise price of $0.015, set to expire on August 27, 2026, and the securities are planned to be issued on August 27, 2024. This move aims to expand the company’s financial capabilities and provide new investment opportunities for the market participants.
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