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The latest announcement is out from Freehill Mining Ltd. ( (AU:FHS) ).
Freehill Mining Ltd. has announced a pro rata, non-renounceable rights issue to raise approximately $513,088 before issue costs. The offer includes one new share for every 24 shares held and one free attaching option for every two new shares issued. Additionally, up to 87,500,000 placement options will be offered to placement participants. These offers are not underwritten and are considered highly speculative, indicating potential high risk for investors.
More about Freehill Mining Ltd.
Current Market Cap: $7.9M
For a thorough assessment of FHS stock, go to TipRanks’ Stock Analysis page.