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Surefire Resources NL ( (AU:SRN) ) has issued an announcement.
Surefire Resources NL has announced the results of its non-renounceable rights issue, receiving applications for 593,731,315 new shares from shareholders. Each new share entitles holders to additional bonus shares and options, with a remaining shortfall of approximately $2.7 million. The company has engaged Sanlam Private Wealth Pty Ltd to manage the placement of this shortfall, potentially impacting its capital structure and market position.
More about Surefire Resources NL
Surefire Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production and exploration of various minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.46M
For an in-depth examination of SRN stock, go to TipRanks’ Overview page.