tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Marquee Resources Raises $1.6 Million Through Share Placement

Story Highlights
Marquee Resources Raises $1.6 Million Through Share Placement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Marquee Resources Ltd ( (AU:MQR) ) just unveiled an update.

Marquee Resources Limited, an ASX-listed company, has issued 146,679,804 ordinary fully paid shares as part of a tranche 1 Placement at an issue price of $0.011 per share, raising $1,613,478. This move utilizes the company’s placement capacity under Rule 7.1 and 7.1a, and the shares were issued without disclosure to investors in accordance with the Corporations Act 2001. The company has complied with relevant provisions of the Act and there is no ‘excluded information’ that needs to be disclosed.

More about Marquee Resources Ltd

Average Trading Volume: 3,554,348

Technical Sentiment Signal: Sell

Current Market Cap: A$6.45M

Find detailed analytics on MQR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1