Si6 Metals Limited (AU:SI6) has released an update.
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Si6 Metals Limited has opened its pro-rata non-renounceable Entitlement Offer, allowing eligible shareholders to acquire additional shares at a rate of 1 new share for every 2 held, at a price of $0.001 each. The funds raised are earmarked for exploration programs across the company’s various mineral projects and for general working capital. Following the offer’s completion, the company expects to issue approximately 1.29 billion new shares.
For further insights into AU:SI6 stock, check out TipRanks’ Stock Analysis page.