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The latest update is out from Aguia Resources Limited ( (AU:AGR) ).
Aguia Resources Limited has announced a reduction in the subscription price for its Share Purchase Plan (SPP) from 4.0¢ to 3.6¢ per share and extended the closing date to June 27, 2025. This move aims to make the offer more attractive to eligible shareholders and address issues with documentation delivery. Additionally, the company reported promising developments, including the completion of initial drilling at the Santa Barbara project and securing a $4 million development loan for the Brazilian Phosphate Project, indicating strong growth prospects and governmental support.
More about Aguia Resources Limited
Aguia Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary market focus is on the Brazilian Rock Phosphate Project, which is aimed at producing phosphate for the local farming community.
YTD Price Performance: 18.18%
Average Trading Volume: 1,695,578
Technical Sentiment Signal: Hold
Current Market Cap: A$56.99M
See more insights into AGR stock on TipRanks’ Stock Analysis page.