Beacon Minerals Limited (AU:BCN) has released an update.
Beacon Minerals Limited announces a non-renounceable entitlement issue, offering shareholders one new share for every eight held at $0.022 each, with an additional free option per share. The goal is to raise up to $10.3 million, with the offering fully underwritten by Argonaut PCF Limited. Investors are advised that the securities on offer are highly speculative and to seek professional advice.
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