Arafura Resources Limited (AU:ARU) has released an update.
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.
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