Arafura Resources Limited (AU:ARU) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Arafura Rare Earths Ltd announced a new securities issue of 36,268,000 ordinary fully paid shares, with the proposed issue date set for September 9, 2024. This move, aimed to help bolster the company’s financial position, will be subject to approval by the ASX and further details are to be provided in accordance with the ASX Listing Rules.
For further insights into AU:ARU stock, check out TipRanks’ Stock Analysis page.