tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pure Resources Limited Announces Priority Offer to Raise Capital

Story Highlights
Pure Resources Limited Announces Priority Offer to Raise Capital

TipRanks Cyber Monday Sale

Pure Resources Limited ( (AU:PR1) ) has shared an update.

Pure Resources Limited has announced a Priority Offer, allowing shareholders to purchase one New Option for every PR1OA Option they own at a nominal price. This initiative aims to raise a modest amount of capital, $3,675.13, before costs, and is considered speculative, indicating potential risks for investors.

More about Pure Resources Limited

Pure Resources Limited operates in the resource industry, focusing on the exploration and development of mineral resources. The company is listed on the ASX under the code PR1 and is based in Subiaco, Western Australia.

Average Trading Volume: 38,790

Technical Sentiment Signal: Buy

Current Market Cap: A$8.05M

Find detailed analytics on PR1 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1