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Genmin Ltd. ( (AU:GEN) ) has issued an announcement.
Genmin Limited has issued a prospectus for the offer of new options to investors and joint lead managers. The company aims to distribute up to 1.23 billion new options to placement participants and 74.15 million options to joint lead managers, with additional piggyback options available to eligible investors. The success of these offers is contingent upon meeting ASX quotation requirements, and the company has scheduled a general meeting to seek shareholder approval for related matters.
More about Genmin Ltd.
Average Trading Volume: 2,259,683
Technical Sentiment Signal: Sell
Current Market Cap: A$9.17M
Learn more about GEN stock on TipRanks’ Stock Analysis page.