Admiralty Resources Clarifies Entitlement Offer

Admiralty Resources NL (AU:ADY) has released an update.

Admiralty Resources NL has announced a clarification regarding the fractional entitlements of its Entitlement Offer, ensuring eligible shareholders’ fractional shares are rounded up to the nearest whole number. The company, listed on the ASX and engaged in mineral exploration in Chile and Australia, is progressing its Mariposa Iron Ore Project in Chile with an aim to commence production in 2024. Admiralty maintains a diverse portfolio with mineral interests, including a 50% stake in the Pyke Hill cobalt and nickel project in Western Australia.

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