Ozz Resources Launches Fully Underwritten Entitlement Offer to Raise $1.07m

Ozz Resources Ltd ( (AU:OZZ) ) has provided an update.

Ozz Resources Ltd has launched a pro-rata non-renounceable entitlement offer of 19 new shares for every 66 held, at an issue price of $0.04 per share, to raise up to approximately $1.07 million. The offer, which is fully underwritten by CPS Capital Group, is being made under a transaction-specific prospectus aimed at existing Australian and New Zealand shareholders, with the company emphasising that the securities are highly speculative and best suited to investors who understand the associated risks.

The prospectus, lodged with ASIC on 17 March 2026, outlines that the funds will be raised through entitlement and shortfall applications and that no shares can be issued more than 13 months after its date. As a disclosing entity, Ozz Resources underscores that investors should consider its ongoing ASX announcements alongside this offer documentation, reinforcing the need for professional advice and careful assessment of the company’s risk profile and disclosure history before participating.

The most recent analyst rating on (AU:OZZ) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Ozz Resources Ltd stock, see the AU:OZZ Stock Forecast page.

More about Ozz Resources Ltd

Ozz Resources Ltd is an Australian listed company operating in the resources sector, focused on exploration and development activities. As a disclosing entity on the ASX, it is subject to continuous reporting obligations and targets investors prepared for high-risk, speculative resource investments.

Technical Sentiment Signal: Sell

See more data about OZZ stock on TipRanks’ Stock Analysis page.