Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
MinRex Resources Limited ( (AU:MRR) ) just unveiled an announcement.
MinRex Resources Limited announced the dispatch of their pro rata non-renounceable entitlement option offer prospectus to eligible shareholders. The offer allows shareholders to subscribe for new options, exercisable at $0.02 and expiring in 2030, with the subscription period open until February 7, 2025. This strategic financial move could enhance shareholder engagement and potentially strengthen the company’s capital base, impacting its future exploration and development initiatives.
More about MinRex Resources Limited
MinRex Resources Limited is an Australian-based ASX-listed company engaged in gold and base metals exploration. It focuses on highly prospective projects located in the Lachlan Fold Belt of New South Wales, including the Sofala Gold Project, which holds significant JORC 2012 Resources.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.68M
For a thorough assessment of MRR stock, go to TipRanks’ Stock Analysis page.
