Aldoro Resources Ltd. (AU:ARN) has released an update.
Aldoro Resources Limited is set to issue new options to shareholders, aiming to raise up to $673,119 through a loyalty offer, which will grant one option for every four shares held, at an issue price of $0.02 each. The initiative is expected to provide sufficient working capital for the company to achieve its goals, as detailed in the recently lodged prospectus. However, shareholders outside Australia, New Zealand, or Singapore will not participate due to regulatory and cost considerations.
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