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Asra Minerals Announces Rebranding to GoldArc Resources and Capital Consolidation

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Asra Minerals Announces Rebranding to GoldArc Resources and Capital Consolidation

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Asra Minerals Limited ( (AU:ASR) ) has shared an update.

Asra Minerals Limited has announced its intention to rebrand as GoldArc Resources Limited and consolidate its issued capital on a ten-for-one basis, pending shareholder approval. This strategic rebranding and capital consolidation aim to align the company’s identity and structure with its operational strategy, enhancing its appeal to a broader range of investors and supporting its growth objectives through targeted resource expansion and exploration.

More about Asra Minerals Limited

Asra Minerals Limited, soon to be rebranded as GoldArc Resources Limited, operates in the mining industry with a focus on gold resources. The company is primarily engaged in defining and developing gold resources within the geological arc connecting its key projects in the Leonora and Kookynie districts of Western Australia.

Current Market Cap: A$8M

See more insights into ASR stock on TipRanks’ Stock Analysis page.

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