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Austral Resources Australia Limited ( (AU:AR1) ) has provided an announcement.
Austral Resources Australia Limited has issued a Supplementary Prospectus to extend the closing date for its placement offer to sophisticated investors, aiming to raise $40 million. The extension moves the closing date from October 10 to October 20, 2025, allowing more time for potential investors to participate. The company plans to issue new shares and options, with trading expected to commence on October 28, 2025. Failure to meet reinstatement conditions by October 31, 2025, could result in removal from the ASX Official List.
More about Austral Resources Australia Limited
Technical Sentiment Signal: Hold
Current Market Cap: A$84.35M
For detailed information about AR1 stock, go to TipRanks’ Stock Analysis page.