Cyprium Metals Limited (AU:CYM) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Cyprium Metals Limited has announced a non-renounceable entitlement offer aimed at raising approximately $3 million by issuing new shares and options to existing shareholders. Investors can acquire one new share for every sixteen shares held, along with one free option for every two new shares, priced at A$0.028 per new share. The offer, which is not underwritten, is considered highly speculative, urging investors to seek professional advice.
For further insights into AU:CYM stock, check out TipRanks’ Stock Analysis page.