Alderan Resources Ltd. (AU:AL8) has released an update.
Alderan Resources Limited has announced a new stock issuance set to take place, with the proposal including 159,107,664 options expiring in two years and 636,430,653 ordinary shares to be fully paid. The key dates disclosed are an ex-date of August 28, 2024, a record date of August 29, 2024, an offer closing date of September 17, 2024, and an issue date of September 24, 2024. This strategic move aims to bolster Alderan’s financial footing and offer investors a fresh opportunity to participate in the company’s growth.
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