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Sultan Resources Ltd. ( (AU:SLZ) ) just unveiled an announcement.
Sultan Resources Ltd has extended the closing date for its pro-rata non-renounceable entitlement offer to raise approximately $1,157,349. The extension provides eligible shareholders additional time to take up their entitlements, with the final closing date now set for 18 July 2025. This move allows shareholders to apply for additional shares under the shortfall offer at the same price, potentially impacting the company’s capital structure and providing more investment opportunities for stakeholders.
More about Sultan Resources Ltd.
Sultan Resources is an Australian exploration company with a portfolio of quality assets in emerging discovery terranes. The company focuses on nickel-cobalt and gold targets in the Yilgarn Craton region of Western Australia, lithium-prospective claims in NW Ontario, Canada, and copper and gold prospects in the east Lachlan Fold Belt of Central NSW. Sultan Resources is committed to responsible metal discovery through modern exploration techniques to add value for its shareholders.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.39M
See more insights into SLZ stock on TipRanks’ Stock Analysis page.