Osmond Resources Limited (AU:OSM) has released an update.
Osmond Resources Limited has announced a new securities issuance, proposing the release of 5 million unlisted options exercisable at $0.30 by November 2027, 25 million unlisted options exercisable at $0.15 by December 2029, and 135 million ordinary fully paid shares. The planned issue date for these securities is set for November 14, 2024. This strategic move could significantly impact the company’s financial structure and offer investors new opportunities.
For further insights into AU:OSM stock, check out TipRanks’ Stock Analysis page.
