Arafura Resources Limited (AU:ARU) has released an update.
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Arafura Rare Earths Limited has announced the opening of its Share Purchase Plan (SPP) aiming to raise A$7 million, with the potential for an additional A$3 million in oversubscriptions. The SPP offers eligible shareholders the opportunity to acquire new shares at a discounted price, without brokerage fees. Concurrently, the company has called an extraordinary general meeting for shareholder approval related to the SPP, scheduled for September 4, 2024.
For further insights into AU:ARU stock, check out TipRanks’ Stock Analysis page.
