Thunderbird Resources (AU:THB) has released an update.
Thunderbird Resources Limited is poised to raise approximately $4.12 million through a capital raising initiative which includes a 1 for 2 pro-rata non-renounceable entitlement offer and a private placement, aiming to fund an aggressive exploration program of its uranium assets in Canada. The offer, priced at $0.03 per new share, is strictly available to eligible shareholders registered by June 7, 2024, with the closing date set for June 26, 2024. Shareholders are encouraged to consult the offer booklet and seek financial advice to understand the implications of the offer and their potential dilution if not participating.
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