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An update from Paterson Resources ( (AU:PSL) ) is now available.
Paterson Resources Limited has announced a non-renounceable entitlement offer to raise approximately $1.09 million. The funds will be used to advance the Grace Project, including an 8,500-meter drilling program and a mining lease application. The offer is available to shareholders in Australia, New Zealand, and Singapore, but excludes those in other jurisdictions due to regulatory costs.
More about Paterson Resources
Paterson Resources Limited is an Australian company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary project is the Grace Project in Western Australia, where the company aims to expand its mineral resource estimates and progress mining operations.
YTD Price Performance: 218.18%
Average Trading Volume: 1,930,107
Technical Sentiment Signal: Buy
Current Market Cap: A$19.07M
For an in-depth examination of PSL stock, go to TipRanks’ Overview page.