Godolphin Resources’ Share Offer Closing Soon

Godolphin Resources Limited (AU:GRL) has released an update.

Godolphin Resources Limited is offering its shareholders the chance to acquire additional shares through a Share Purchase Plan (SPP) closing on October 11, 2024, with an attractive discount and no transaction costs. The proceeds will be used to fund diamond drilling and metallurgical testing at the Lewis Ponds project and for general working capital. Shareholders can benefit from tax credits under the Junior Minerals Exploration Incentive scheme, enhancing the value of their investment.

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