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Haranga Resources Proposes Significant Securities Issuance

Story Highlights
  • Haranga Resources plans to issue 120 million performance rights and 20 million unlisted options.
  • The issuance aims to strengthen Haranga’s capital structure and market position.
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Haranga Resources Proposes Significant Securities Issuance

The latest update is out from Haranga Resources Limited ( (AU:HAR) ).

Haranga Resources Limited has announced a proposed issue of securities, including 120 million performance rights, 20 million unlisted options, and 189.3 million ordinary fully paid shares. This issuance is part of a placement or other type of issue, with the proposed issue date set for May 15, 2025. The announcement indicates a strategic move to potentially enhance the company’s capital structure and market positioning.

More about Haranga Resources Limited

YTD Price Performance: 40.0%

Average Trading Volume: 96,058

Technical Sentiment Signal: Sell

Current Market Cap: A$5.11M

Learn more about HAR stock on TipRanks’ Stock Analysis page.

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