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Allup Silica Ltd. ( (AU:MML) ) has shared an update.
McLaren Minerals Limited, a company listed on the ASX, is conducting a A$3.6 million fully underwritten pro-rata entitlement offer to fund ongoing study and exploration at the McLaren Project. This initiative is aimed at advancing the project towards feasibility and production, with the offer being equitably available to existing eligible shareholders. The offer includes new shares and attaching options, with Leeuwin Wealth and Cumulus Wealth acting as joint lead managers. The offer price is set at a discount to recent trading prices, providing shareholders an opportunity to support the company’s growth.
More about Allup Silica Ltd.
Average Trading Volume: 2,258,535
Technical Sentiment Signal: Sell
Current Market Cap: A$4.97M
Find detailed analytics on MML stock on TipRanks’ Stock Analysis page.