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Matsa Resources Plans Significant Share Issue

Matsa Resources Plans Significant Share Issue

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

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Matsa Resources Limited has announced a new proposal to issue a substantial number of securities, specifically 84,794,022 ordinary fully paid shares, with the proposed issue date set for September 18, 2024. This move, subject to approval by the ASX, aims to strengthen the company’s financial position and support its strategic plans.

For further insights into AU:MAT stock, check out TipRanks’ Stock Analysis page.

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