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The latest announcement is out from Marquee Resources Ltd ( (AU:MQR) ).
Marquee Resources Limited has successfully completed an oversubscribed share placement, raising $829,153.14 through the issuance of new shares at $0.012 each. This capital raising reflects strong support from both high-net-worth investors and existing shareholders, highlighting confidence in the company’s strategic direction and project portfolio. The funds will be utilized to issue 69,096,095 new shares and 34,548,048 options, with shareholder approval required for the latter. GTT Ventures acted as Lead Manager, receiving broker options as part of their fee. A General Meeting is planned for February 2025 to seek shareholder approval for the options issuance.
More about Marquee Resources Ltd
YTD Price Performance: 40.0%
Average Trading Volume: 443,294
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.83M
For detailed information about MQR stock, go to TipRanks’ Stock Analysis page.
