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Pure Resources Limited ( (AU:PR1) ) has shared an update.
Pure Resources Limited has announced a Priority Offer of new options to eligible participants, following the expiration of 36,751,289 PR1OA Options. The offer allows participants to subscribe to a new class of options with an exercise price of $0.25 and a three-year expiry term. The company aims to raise approximately $3,675.13, primarily to cover the costs of the offer, and any unclaimed options may be offered in a Shortfall Offer at the Board’s discretion. The announcement signifies the company’s efforts to provide continued investment opportunities to its stakeholders, potentially impacting its financial positioning and market engagement.
More about Pure Resources Limited
Pure Resources Limited operates in the resources industry, focusing on the provision of options and investment opportunities for stakeholders. The company is involved in offering financial instruments and services, with a market focus on Australia and New Zealand.
Average Trading Volume: 38,790
Technical Sentiment Signal: Buy
Current Market Cap: A$8.05M
For a thorough assessment of PR1 stock, go to TipRanks’ Stock Analysis page.