Aguia Resources Launches Share Purchase Plan to Fund Project Developments

Aguia Resources Limited ( (AU:AGR) ) has shared an update.

Aguia Resources Limited has announced a Share Purchase Plan (SPP) to raise up to $3 million by offering shares at a discounted price of $0.04 each to eligible shareholders. The funds will be used for exploration drilling at the Santa Barbara Gold Project, development of the Tres Estrades phosphate project, and general working capital, providing shareholders an opportunity to increase their holdings without incurring transaction costs.

More about Aguia Resources Limited

Aguia Resources Limited operates in the mining industry, focusing primarily on the development of gold and phosphate projects. The company is actively working on its Santa Barbara Gold Project and Tres Estrades phosphate project, aiming to enhance its market position in these sectors.

YTD Price Performance: 21.21%

Average Trading Volume: 1,925,835

Technical Sentiment Signal: Buy

Current Market Cap: A$58.45M

See more data about AGR stock on TipRanks’ Stock Analysis page.