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South Harz Potash Ltd ( (AU:SHP) ) just unveiled an announcement.
South Harz Potash Ltd announced a pro-rata non-renounceable entitlement issue, offering one share for every three shares held by shareholders as of 3 July 2025, at $0.003 per share, aiming to raise approximately $1.28 million. This capital raising initiative includes issuing one free unlisted option for every two new shares applied for, with an exercise price of $0.006 and a two-year expiry. The move is designed to strengthen the company’s financial position and support its ongoing operations in the potash sector.
More about South Harz Potash Ltd
South Harz Potash Ltd is a company operating in the potash industry, focusing on the exploration and development of potash resources. The company is listed on the Australian Securities Exchange under the code SHP and also has a Frankfurt listing.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.85M
See more data about SHP stock on TipRanks’ Stock Analysis page.