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The latest announcement is out from Podium Minerals Ltd. ( (AU:POD) ).
Podium Minerals Ltd. has announced a pro-rata non-renounceable entitlement offer to raise approximately A$7.0 million by issuing new shares to eligible shareholders. The offer, fully underwritten by Leeuwin Wealth Pty Ltd, is part of the company’s strategy to strengthen its financial position and support its ongoing operations. The entitlement offer is available to shareholders in Australia, New Zealand, and the UK, with the closing date set for 21 October 2025. This move is expected to enhance Podium’s market positioning and provide additional resources for its mineral exploration and development activities.
More about Podium Minerals Ltd.
Podium Minerals Ltd. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and sale of precious metals and minerals, with a market focus on Australia, New Zealand, and the United Kingdom.
Average Trading Volume: 2,647,630
Technical Sentiment Signal: Buy
Current Market Cap: A$76.45M
For a thorough assessment of POD stock, go to TipRanks’ Stock Analysis page.