Peako Limited (AU:PKO) has released an update.
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Peako Limited announces a fully underwritten offer to raise approximately $1.05 million by issuing new shares and options to eligible shareholders. The offer includes 351.4 million new shares priced at $0.003 each, along with 175.7 million new options granted at no extra cost. Investors are advised to read the full prospectus available on the company’s website for more details regarding the highly speculative investment.
For further insights into AU:PKO stock, check out TipRanks’ Stock Analysis page.