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Godolphin Resources Limited ( (AU:GRL) ) has shared an update.
Godolphin Resources Limited has announced a pro-rata non-renounceable entitlement offer, allowing eligible shareholders to purchase one new share for every four shares they hold. This offer is structured to comply with the Corporations Act, and it is not expected to affect the control of the company as no significant changes in voting power are anticipated.
More about Godolphin Resources Limited
Godolphin Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. It primarily deals with the extraction of precious and base metals, with a market focus on expanding its resource base in Australia.
Average Trading Volume: 1,661,933
Technical Sentiment Signal: Sell
Current Market Cap: A$6.28M
Find detailed analytics on GRL stock on TipRanks’ Stock Analysis page.