Godolphin Resources Limited (AU:GRL) has released an update.
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Godolphin Resources Limited has announced a new securities issue, which includes a maximum of 64,167,366 ordinary shares under a securities purchase plan, with a record date of 25/9/2024 and an offer closing on 11/10/2024. Additionally, there’s a proposed placement or other type of issue of 96,000,000 ordinary shares scheduled to be issued on 3/10/2024. This strategic move aims to increase the company’s capital and offer investment opportunities to interested parties.
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