Highfield Resources Limited (AU:HFR) has released an update.
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Highfield Resources Limited has announced a new securities issue, which includes a substantial offer under a securities purchase plan and another placement or issue, both involving ordinary fully paid shares. The securities under the purchase plan are set to be issued on October 18, 2024, while the placement shares are proposed for issue on October 1, 2024, with the offer closing on October 15, 2024. With millions of shares to be issued, this move could significantly impact the company’s financial structure and the interests of potential investors.
For further insights into AU:HFR stock, check out TipRanks’ Stock Analysis page.
