Adavale Resources Limited (AU:ADD) has released an update.
Adavale Resources Limited has announced a new securities issue, proposing the issuance of over 79 million options exercisable at $0.005, expiring by the end of December 2027, in addition to ordinary fully paid shares. This strategic move, set for a proposed issue date of 20 September 2024, aims to bolster the company’s financial structure as it continues to grow.
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