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Unico Silver Limited Announces Proposed Securities Issue

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Unico Silver Limited Announces Proposed Securities Issue

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An update from E2 Metals Ltd. ( (AU:USL) ) is now available.

Unico Silver Limited has announced a proposed issue of securities, including an offer under a securities purchase plan and a placement. The company plans to issue up to 9,090,910 ordinary fully paid securities under the purchase plan and up to 72,727,273 through a placement. The offer aims to enhance the company’s capital structure and potentially improve its market position.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

More about E2 Metals Ltd.

Average Trading Volume: 3,682,387

Technical Sentiment Signal: Buy

Current Market Cap: A$347.2M

Find detailed analytics on USL stock on TipRanks’ Stock Analysis page.

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