Summit Minerals Announces Entitlement Issue to Raise Capital

Summit Minerals Limited ( (AU:SUM) ) has provided an update.

Summit Minerals Limited is conducting a pro-rata non-renounceable entitlement issue to raise up to $1,079,049 by offering one share for every three shares held at a price of $0.03 per share. This offer is fully underwritten by CPS Capital Group Pty Ltd, and it is important for investors to consider the speculative nature of the securities and seek professional advice before investing.

More about Summit Minerals Limited

Average Trading Volume: 378,509

Technical Sentiment Signal: Hold

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