Skin Elements Limited (AU:SKN) has released an update.
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Skin Elements Limited is set to raise approximately $514,000 through a 1-for-5 entitlement offer, with options attached to each new share, to fund business development, sales, production, and operational costs. The offer, which is not underwritten, is open to eligible shareholders in Australia and New Zealand. Additionally, the company has received court approval for auditor appointments and compliance notices.
For further insights into AU:SKN stock, check out TipRanks’ Stock Analysis page.