Admiralty Resources Plans Major Securities Issue

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

Admiralty Resources NL has announced a new proposal for a standard pro rata issue of 972,222,223 fully paid ordinary securities. The ex-date is set for the 14th of October, 2024, with the offer closing by the 28th of October, 2024, and the securities are expected to be issued on the 4th of November, 2024. The issue is non-renounceable, meaning current shareholders cannot transfer their entitlement to these new securities.

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