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Eastern Metals Limited ( (AU:EMS) ) has provided an update.
Eastern Metals Limited, transitioning to Raptor Metals Ltd, is issuing a prospectus to raise up to $5 million through the public offer of shares. This initiative is part of the company’s strategy to re-comply with ASX listing rules following a change in its business activities. The offer is not underwritten and carries significant investment risks, highlighting the speculative nature of the securities.
More about Eastern Metals Limited
Eastern Metals Limited, soon to be renamed Raptor Metals Ltd, operates in the metals industry. The company is focused on raising capital through public offers to support its operations and comply with listing requirements.
Technical Sentiment Signal: Sell
See more data about EMS stock on TipRanks’ Stock Analysis page.