tiprankstipranks
Macarthur Minerals Launches Discounted Rights Issue
Company Announcements

Macarthur Minerals Launches Discounted Rights Issue

Macarthur Minerals (TSE:MMS) has released an update.

Don't Miss our Black Friday Offers:

Macarthur Minerals is set to raise A$3.3 million through a renounceable rights issue, offering shares at a significant discount with additional incentives in the form of options. The rights issue allows shareholders to trade or apply for additional shares, with proceeds aimed at funding the Lake Giles Iron Project. The offer is accessible to shareholders in Australia and New Zealand, with trading commencing on March 8, 2024.

For further insights into TSE:MMS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMacarthur Minerals Gets Second Payment from Gold Valley
TipRanks Canadian Auto-Generated NewsdeskMacarthur Minerals Advances Iron Ore Production
TipRanks Canadian Auto-Generated NewsdeskMacarthur Minerals Advances with AGM Success
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App