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MinRex Resources Limited ( (AU:MRR) ) has shared an update.
MinRex Resources Limited is offering a pro-rata non-renounceable entitlement issue of new options to its eligible shareholders. The offer aims to raise approximately $271,217 by issuing options at $0.001 each, which are exercisable at $0.02 and expire on January 20, 2030. This move is part of the company’s strategy to engage its shareholders and potentially increase its capital base. The options are described as highly speculative, suggesting potential risks and rewards for investors.
More about MinRex Resources Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.68M
See more insights into MRR stock on TipRanks’ Stock Analysis page.
