Enterprise Metals Limited (AU:ENT) has released an update.
Enterprise Metals Limited has announced a new proposed issue of securities, including a total of 136,750,000 new options and ordinary shares, set to be issued on May 3, 2024. The release indicates a significant expansion of the company’s capital through the placement of unlisted options expiring in May 2026, and fully paid ordinary shares under the ASX code ENT. This move aims to bolster the company’s financial standing and attract further investment.
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