Macarthur Minerals (TSE:MMS) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Macarthur Minerals has initiated trading of rights for its Renounceable Rights Issue on the ASX, offering shareholders one new share at $0.10 each for every five held, plus options. The rights trading will conclude on March 15, 2024, with the Rights Issue itself closing on March 22, 2024. The offer, detailed in a prospectus sent to eligible shareholders, aims to support the company’s iron ore and lithium projects in Western Australia and Nevada, USA.
For further insights into TSE:MMS stock, check out TipRanks’ Stock Analysis page.