Si6 Metals Limited (AU:SI6) has released an update.
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Si6 Metals Limited successfully raised $398,432.93 through its non-renounceable pro-rata entitlement issue, offering shareholders one new share for every two existing shares at a price of $0.001 each. With directors fully participating, the company has issued nearly 400 million new shares and opened a shortfall offer to address any remaining shares. This strategic move supports Si6 Metals’ diverse portfolio, which includes projects in Western Australia, Brazil, and Botswana, focusing on gold, lithium, and rare earth elements.
For further insights into AU:SI6 stock, check out TipRanks’ Stock Analysis page.