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An announcement from Paterson Resources ( (AU:PSL) ) is now available.
Paterson Resources Limited has issued a prospectus for a non-renounceable pro-rata offer to eligible shareholders, offering one new share for every eight shares held, priced at $0.018 per new share, along with a free attaching option for each new share subscribed. This move is aimed at raising capital, and the offer closes on October 23, 2025. The securities offered are speculative, and the company advises potential investors to consider their individual risk profiles and consult with professional advisers before participating.
More about Paterson Resources
YTD Price Performance: 133.33%
Average Trading Volume: 1,706,010
Technical Sentiment Signal: Sell
Current Market Cap: A$13.56M
For an in-depth examination of PSL stock, go to TipRanks’ Overview page.