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Altamin Limited ( (AU:AZI) ) has shared an announcement.
Altamin Limited has announced a retail entitlement offer to raise approximately $6.46 million through the issuance of new shares. The proceeds will be used primarily for exploration activities at the Lazio Project and to maintain the Gorno Project, with the offer allowing eligible retail shareholders to subscribe for new shares at a specified ratio. This move aims to bolster the company’s financial position and support its ongoing project developments.
More about Altamin Limited
Altamin Limited operates in the mining industry, focusing on exploration and development projects. The company’s primary projects include the Lazio Project and the Gorno Project, with a market focus on mineral exploration and development.
YTD Price Performance: 78.95%
Average Trading Volume: 185,649
Technical Sentiment Signal: Buy
Current Market Cap: A$28.32M
See more data about AZI stock on TipRanks’ Stock Analysis page.