Bowen Coking Coal Ltd (AU:BCB) has released an update.
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Bowen Coking Coal Ltd announces a renounceable entitlement offer aiming to raise approximately $70 million. The offer includes 2.66 new shares for every 1 share held at $0.009 each, accompanied by bonus options. The funds raised will support various company initiatives, including the removal of trading restrictions on new shares from previous issuances.
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