VRX Silica Ltd. (AU:VRX) has released an update.
VRX Silica Limited has announced plans for a new securities issue, proposing to issue up to 44,875,273 ordinary fully paid shares and 22,437,636 options expiring in August 2025. The offer is set to open on May 7, 2024, with the record date on May 8, 2024, and will close by May 22, 2024, with the issue date slated for May 29, 2024. This move will give existing shareholders and investors an opportunity to increase their investment in the company.
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