Enterprise Metals Launches $1.42M Capital Raise
Company Announcements

Enterprise Metals Launches $1.42M Capital Raise

Enterprise Metals Limited (AU:ENT) has released an update.

Enterprise Metals Ltd is set to raise approximately $1.42 million through a pro-rata non-renounceable entitlement offer to its shareholders at $0.004 per share, with a bonus option for every share purchased. The capital raised is intended for exploration activities at the Eneabba East Project and other company projects, in addition to covering the costs of the offer and providing general working capital. Shareholders from Australia, New Zealand, and certain Hong Kong investors are eligible to participate, with the company directors confirming their full support for the entitlement.

For further insights into AU:ENT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskEnterprise Metals Reports Promising Exploration Updates
TipRanks Australian Auto-Generated NewsdeskEnterprise Metals to Host 2024 AGM and Push for Digital Communication
TipRanks Australian Auto-Generated NewsdeskEnterprise Metals Issues 75M Unquoted Options
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App