Matsa Resources Proposes New Options Issue

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

Matsa Resources Limited has announced a new non-renounceable pro rata issue of up to 130,017,500 unlisted options, exercisable at $0.05 each and expiring on September 30, 2027. The offer is set to open shortly, with an ex-date of October 9, 2024, and a closing date of October 24, 2024. The issuance of these securities is expected to be completed by October 31, 2024.

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