Estrella Resources Limited (AU:ESR) has released an update.
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Estrella Resources Limited announced a new securities issue on February 9, 2024, proposing to issue a total of 308,333,333 ordinary fully paid shares and 8,000,000 options expiring on December 13, 2026. This move is intended to enhance the company’s financial flexibility and capital structure, as the firm continues to grow.
For further insights into AU:ESR stock, check out TipRanks’ Stock Analysis page.