VRX Silica Ltd. (AU:VRX) has released an update.
VRX Silica Ltd. has announced a pro-rata renounceable entitlement offer to raise up to $2,468,140, offering eligible shareholders one new share for every thirteen held at $0.055 each, along with free attaching options. The offer is fully underwritten by Canaccord Genuity (Australia) Limited, aiming to support the company’s future growth. Investors are advised to consider the speculative nature of the securities and consult professional advisers as necessary.
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