DMC Mining Ltd. (AU:DMM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
DMC Mining Ltd. has announced a public offering of 100 million shares at $0.05 each to raise $5 million, with an option for oversubscriptions to raise an additional $500,000. Eligible Shareholders on the company’s register by 21 August 2024 can apply for a minimum of 40,000 shares, with the offer opening on 2 September and closing on 23 September 2024, unless altered by the directors. The offer aims to empower shareholders while advising them to review the Prospectus thoroughly before investing.
For further insights into AU:DMM stock, check out TipRanks’ Stock Analysis page.