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Errawarra Resources Ltd Announces Proposed Securities Issue to Boost Capital

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Errawarra Resources Ltd Announces Proposed Securities Issue to Boost Capital

Errawarra Resources Ltd. ( (AU:ERW) ) has provided an announcement.

Errawarra Resources Ltd has announced a proposed issue of securities, including options and performance rights, set to expire in May 2028, as well as ordinary fully paid shares. The issuance, scheduled for May 22, 2025, aims to enhance the company’s capital structure and potentially improve its market positioning by attracting investment and facilitating growth.

More about Errawarra Resources Ltd.

Errawarra Resources Ltd is a company involved in the resources industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code ERW.

YTD Price Performance: -46.94%

Average Trading Volume: 142,632

Technical Sentiment Signal: Buy

Current Market Cap: A$2.49M

For detailed information about ERW stock, go to TipRanks’ Stock Analysis page.

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