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Sultan Resources Ltd. ( (AU:SLZ) ) has issued an announcement.
Sultan Resources Ltd has announced an extension of its pro-rata non-renounceable entitlement offer, initially set to close on 20 June 2025, now extended to 4 July 2025. This extension provides eligible shareholders additional time to participate in the offer, which aims to raise approximately $1,157,349 by issuing shares at $0.005 each. The extension reflects the company’s strategic move to ensure maximum shareholder participation and support for its ongoing exploration projects. The revised timeline includes key dates for settlement and quotation, with the company emphasizing the importance of consulting professional advisers.
More about Sultan Resources Ltd.
Sultan Resources is an Australian exploration company with a portfolio of quality assets in emerging discovery terranes. The company holds a significant tenement package in the South West terrane region of the Yilgarn Craton in Western Australia, focusing on nickel-cobalt and gold targets. Additionally, it has lithium-prospective claims in NW Ontario, Canada, and tenements in the east Lachlan Fold Belt of Central NSW, known for copper and gold prospects. Sultan Resources is committed to responsible metal discovery using modern exploration techniques to enhance project value for shareholders.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.16M
For an in-depth examination of SLZ stock, go to TipRanks’ Overview page.