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An announcement from Altamin Limited ( (AU:AZI) ) is now available.
Altamin Limited announced a 45 for 100 pro-rata accelerated non-renounceable entitlement offer to raise approximately $6.46 million. The funds will primarily support exploration activities at the Lazio Project and maintain the Gorno Project, alongside covering general corporate expenses. The offer is structured into institutional and retail components, with eligibility restricted to shareholders in specific countries, excluding the United States. The offer is non-renounceable and not underwritten, with Euroz Hartleys Limited appointed as a nominee to manage shares for ineligible foreign holders.
More about Altamin Limited
Altamin Limited operates in the mining industry, focusing on exploration and development projects. Its primary projects include the Lazio Project and the Gorno Project, with a market focus on mineral exploration and development in regions such as Australia, Italy, and other international locations.
YTD Price Performance: 78.95%
Average Trading Volume: 185,649
Technical Sentiment Signal: Buy
Current Market Cap: A$28.32M
For an in-depth examination of AZI stock, go to TipRanks’ Overview page.