Prospech Ltd. (AU:PRS) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Prospech Ltd. has announced a $2.3 million non-renounceable rights issue to fund exploration projects and general company expenses. Shareholders in Australia and New Zealand can purchase new shares at $0.03 each, with Canaccord Genuity managing the offer. The rights issue is open to eligible shareholders and any unsubscribed shares may be placed within three months after the offer closes.
For further insights into AU:PRS stock, check out TipRanks’ Stock Analysis page.