Petratherm Ltd (AU:PTR) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Petratherm Ltd’s Share Purchase Plan (SPP), aimed at raising $1 million, has closed significantly oversubscribed with $4.2 million received, leading to a scaleback and a refund of excess funds to applicants. The strong shareholder response underpins the company’s upcoming drilling program at the Muckanippie Titanium Project. Shares from the SPP will be issued on 15 October 2024, with refunds processed shortly thereafter.
For further insights into AU:PTR stock, check out TipRanks’ Stock Analysis page.