tiprankstipranks
Trending News
More News >

Prospech Ltd. Issues 50 Million Shares to Boost Exploration Efforts

Story Highlights
Prospech Ltd. Issues 50 Million Shares to Boost Exploration Efforts

Confident Investing Starts Here:

An update from Prospech Ltd. ( (AU:PRS) ) is now available.

Prospech Ltd. has issued 50 million fully paid ordinary shares to sophisticated investors as part of a recent placement. This move, conducted without disclosure under the Corporations Act, is expected to bolster the company’s capital and support its ongoing exploration activities, thereby strengthening its position in the mining sector.

More about Prospech Ltd.

Prospech Ltd. operates in the mining and exploration industry, focusing on the discovery and development of mineral resources. The company is known for its efforts in exploring and investing in mineral-rich regions, aiming to enhance its resource base and market presence.

Average Trading Volume: 145,084

Technical Sentiment Signal: Sell

Current Market Cap: A$7.23M

Find detailed analytics on PRS stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App