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Surefire Resources Launches Rights Issue to Fund Project Development

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Surefire Resources Launches Rights Issue to Fund Project Development

Confident Investing Starts Here:

Surefire Resources NL ( (AU:SRN) ) has shared an announcement.

Surefire Resources NL is conducting a non-renounceable rights issue to raise approximately A$3,875,261 by offering two fully paid ordinary shares for every three shares held by eligible shareholders, along with bonus shares and options. The funds raised will be used to develop the Yidby Gold and Copper Hill Projects, continue exploration of other West Australian projects, and maintain working capital, with potential allocation for acquiring new projects.

More about Surefire Resources NL

Technical Sentiment Signal: Sell

Current Market Cap: A$5.72M

See more data about SRN stock on TipRanks’ Stock Analysis page.

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