Allup Silica Announces $1.64 Million Share Offer

Allup Silica Ltd. (AU:APS) has released an update.

Allup Silica Ltd., soon to be renamed McLaren Minerals Limited, is launching a non-renounceable entitlement offer to raise up to $1.64 million. The offer allows eligible shareholders in Australia and New Zealand to purchase new shares at a 12.5% discount for $0.035 each. The funds will support feasibility studies, lease payments, and working capital.

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