Matsa Resources Launches Shareholder Entitlement Offer

Matsa Resources Limited (AU:MAT) has released an update.

Matsa Resources Limited has initiated a non-renounceable entitlement offer, distributing its prospectus to eligible shareholders as of October 11, 2024. The offer, which opened on October 16, will close on October 25, and aims to raise capital by allowing current shareholders to purchase additional shares. This move is part of Matsa’s strategy to strengthen its financial position and expand its market presence.

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