Cullen Resources Limited (AU:CUL) has released an update.
Cullen Resources Limited announces a pro-rata non-renounceable rights issue, offering shareholders the chance to buy one new share at $0.006 each for every three shares owned, with additional shortfall shares available. The offer opens on July 30, 2024, with a closing date of August 16, 2024. Shareholders are provided a timeline for key events, including the announcement, offer acceptance period, and new share allotment, with the full process concluding by August 26, 2024.
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