Pursuit Minerals Ltd (AU:PUR) has released an update.
Pursuit Minerals Ltd has successfully completed a capital raise by placing over 691 million shares at $0.0035 each, totaling $2.42 million before costs, with the assistance of Joint Lead Managers Inyati Capital and CPS Capital. The raise, which was oversubscribed, also proposes options for placement participants and fees for the managers, pending shareholder approval. All corporate actions are compliant with the necessary disclosure and continuous disclosure requirements as per the Corporations Act.
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