Javelin Minerals Limited (AU:JAV) has released an update.
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Javelin Minerals Limited has announced a pro-rata non-renounceable entitlement offer, aiming to raise up to $1,250,615 by issuing new shares and options to current shareholders. Shareholders will be eligible to purchase one new share at $0.001 each for every two shares they hold, along with accompanying options. The offer also includes specific options for placement participants and the lead manager, with an emphasis on the speculative nature of these securities.
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