Eastern Resources Limited (AU:EFE) has released an update.
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Eastern Resources Limited has announced plans to issue up to 16,941,176 new ordinary shares, with the proposed issue date set for November 21, 2024. This move is expected to enhance the company’s capital base, providing a potential opportunity for investors to participate in its growth trajectory. The announcement indicates the company’s strategic efforts to strengthen its market position.
For further insights into AU:EFE stock, check out TipRanks’ Stock Analysis page.