Boab Metals Ltd (AU:BML) has released an update.
Boab Metals Ltd is set to raise approximately $3.3 million through a 1 for 5.6 pro rata non-renounceable entitlement offer of new shares, priced at $0.10 each, with the offer closing on 23 May 2024. The offer, not requiring a prospectus and not registered with ASIC, is fully underwritten by Morgans Corporate Limited and Unified Capital Partners Limited. Interested eligible shareholders are advised to consult with their professional advisers and read the offer document in full before participating.
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