Ookami Ltd. (AU:FL1) has released an update.
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First Lithium Limited has announced a non-renounceable entitlement issue offering shareholders one new share for every seven held, at a price of $0.225 each, with the goal of raising up to $3,184,446. Additionally, for every two shares applied for, investors will receive one free new option. This move is part of a speculative investment opportunity that should be considered with professional advice due to the associated high risks.
For further insights into AU:FL1 stock, check out TipRanks’ Stock Analysis page.