Bulletin Resources Limited (AU:BNR) has released an update.
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Bulletin Resources Limited announces a non-renounceable, pro-rata rights issue to raise approximately $293,613 before costs, offering 1 Loyalty Option for every 3 shares held, at an offer price of $0.003 each. These Loyalty Options, expiring on 31 July 2027, have an exercise price of $0.10 and the offer is fully underwritten by Westar Capital Limited. Shareholders must act by the closing date of 7 August 2024 to participate in the offer.
For further insights into AU:BNR stock, check out TipRanks’ Stock Analysis page.