Athena Resources Limited (AU:AHN) has released an update.
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Athena Resources Limited has issued 265 million new shares to Fenix Resources, resulting in Fenix holding nearly 20% of Athena’s shares. This move allows Fenix to participate in Athena’s upcoming Entitlement Offer, which Fenix will also underwrite, indicating a strategic alignment between the two companies.
For further insights into AU:AHN stock, check out TipRanks’ Stock Analysis page.