Star Minerals Ltd. (AU:SMS) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Star Minerals Limited is launching a renounceable rights issue to raise up to $2.5 million, priced at a 27% discount at 4 cents per share. This funding will support exploration at the Cobra Uranium Project in Namibia and other projects. The rights issue is open to eligible Australian and New Zealand shareholders, with trading rights starting on November 6, 2024.
For further insights into AU:SMS stock, check out TipRanks’ Stock Analysis page.