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An announcement from Woomera Mining Ltd. ( (AU:OB1) ) is now available.
Orbminco Limited has extended the closing date for its 1 for 2 pro-rata, non-renounceable Entitlement Offer to raise up to $1.08 million, now set to close on 24 April 2025. This extension is attributed to recent market volatility, providing eligible shareholders additional time to consider participation. The company highlights that shareholders who fully take up their entitlements may apply for additional shares under the Shortfall Facility, with further details available in the Offer Document. The revised timetable for the offer includes key dates such as the shortfall notification on 29 April and the commencement of normal trading on 2 May 2025.
More about Woomera Mining Ltd.
Orbminco Limited is engaged in the exploration of copper and gold in Mongolia, as well as battery metals such as lithium, nickel, copper, and PGE’s, along with gold in the Yilgarn Craton of Western Australia.
Technical Sentiment Signal: Hold
Current Market Cap: A$3.25M
See more data about OB1 stock on TipRanks’ Stock Analysis page.
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