Sunstone Metals Launches Share Purchase Plan
Company Announcements

Sunstone Metals Launches Share Purchase Plan

Sunstone Metals Limited (AU:STM) has released an update.

Sunstone Metals Limited is offering eligible shareholders the chance to buy up to A$30,000 worth of shares without brokerage fees, matching the terms of their recent A$2.5 million share placement. The offer, closing on 7th October 2024, also includes an option for investors to receive one free option for every two shares purchased, exercisable at A$0.0075 within two years. The funds from this Share Purchase Plan will support resource estimates and exploration projects in Ecuador and general corporate expenses.

For further insights into AU:STM stock, check out TipRanks’ Stock Analysis page.

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