Star Minerals Ltd. (AU:SMS) has released an update.
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Star Minerals Ltd. is launching a renounceable entitlement offer for its shareholders, aiming to raise approximately $2.525 million. Shareholders will have the opportunity to purchase two new shares for every three shares they currently hold at $0.04 each. The offer, managed by Mahe Capital Pty Ltd, opens on November 8, 2024, and closes on November 20, 2024.
For further insights into AU:SMS stock, check out TipRanks’ Stock Analysis page.