Pure Foods Tasmania Ltd. (AU:PFT) has released an update.
Pure Foods Tasmania Ltd announces a non-renounceable entitlement offer, aiming to raise approximately A$2.2 million by offering existing shareholders one new share for every two held at A$0.04 each. The offer is expected to result in the issuance of about 55.1 million new shares, with no single investor predicted to exceed a 20% interest post-offer. The company has complied with relevant corporate regulations, ensuring no disclosure is required under Part 6D.2 of the Corporations Act for this offer.
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