Dreadnought Resources Limited ( (AU:DRE) ) just unveiled an announcement.
Dreadnought Resources Limited has announced the opening of its Share Purchase Plan (SPP), allowing eligible shareholders in Australia and New Zealand to purchase up to $30,000 worth of new shares at a discounted price of $0.012 per share. The company aims to raise up to $1,500,000 through this initiative, which, along with previous funds raised, will be used to advance the Mangaroon Gold Project, conduct drilling at Illaara, and support general working capital. This move is expected to strengthen Dreadnought’s financial position and support its ongoing mining projects.
More about Dreadnought Resources Limited
Dreadnought Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects such as the Mangaroon Gold Project and Illaara, with a market focus on advancing these mining initiatives.
YTD Price Performance: 20.0%
Average Trading Volume: 5,486,420
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$58.23M
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