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Silver Mines Limited Plans New Security Issue

Silver Mines Limited Plans New Security Issue

Silver Mines Limited (AU:SVL) has released an update.

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Silver Mines Limited has announced a new proposed issue of securities, including the issuance of up to 30,200 convertible debentures, with the proposed issue date set for the 30th of August, 2024. This strategic move aims to raise capital through a placement or other types of issues, pending approval from the ASX for quotation on a deferred settlement basis.

For further insights into AU:SVL stock, check out TipRanks’ Stock Analysis page.

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