Perpetual Resources Ltd. (AU:PEC) has released an update.
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Perpetual Resources Ltd. has issued a prospectus for a modest fundraising effort, offering up to 1,000 shares at $0.018 each to raise a total of $18 before expenses. The purpose of this prospectus is to facilitate the removal of trading restrictions on previously issued shares in accordance with the Corporations Act. Potential investors are advised that these shares are considered speculative and are encouraged to consult a professional adviser.
For further insights into AU:PEC stock, check out TipRanks’ Stock Analysis page.