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Butn Limited Adjusts Securities Issue Plan

Butn Limited Adjusts Securities Issue Plan

Butn Limited (AU:BTN) has released an update.

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Butn Limited has revised its proposed securities issuance, increasing the maximum number to be issued from 96,325,578 to 96,325,971, reflecting adjustments for fractional entitlements. This update to the previous announcement also details an accelerated non-renounceable entitlement offer, known as a JUMBO or ANREO. Investors should note that these changes are part of the company’s ongoing efforts to optimize its financial strategies.

For further insights into AU:BTN stock, check out TipRanks’ Stock Analysis page.

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