Eclipse Metals Ltd. (AU:EPM) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Eclipse Metals Ltd has announced a non-renounceable rights issue to raise approximately $1.14 million by offering up to 571,963,881 new shares to eligible shareholders at a price of $0.002 per share. This move allows current shareholders to maintain their stake without dilution if they fully subscribe, with additional shares available under a shortfall offer. The company assures that the issuance will not significantly alter control dynamics.
For further insights into AU:EPM stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue