Peako Limited (AU:PKO) has released an update.
Peako Limited has launched a capital-raising initiative through a pro-rata non-renounceable entitlement offer, aiming to generate $1.054 million for the advancement of exploration projects and the evaluation of new opportunities. The offer, priced at $0.003 per new share, is exclusively available to eligible shareholders, with certain international shareholders excluded due to legal and regulatory considerations. Ineligible shareholders will have their entitled new shares and options sold on their behalf, with net proceeds distributed accordingly.
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