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Venari Minerals NL Announces Closing Date for Share Purchase Plan

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Venari Minerals NL Announces Closing Date for Share Purchase Plan

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Astro Resources NL ( (AU:ASE) ) has issued an update.

Venari Minerals NL has announced a reminder for its shareholders about the closing date of its Share Purchase Plan (SPP), which is set to close on 6 October 2025. This follows a successful $5.50 million two-tranche placement to institutional investors. Eligible shareholders in Australia and New Zealand can apply for up to $30,000 worth of new shares without incurring additional costs. This initiative is part of Venari’s strategy to enhance shareholder value and expand its capital base.

More about Astro Resources NL

Venari Minerals NL, formerly known as Astute Metals NL, operates in the mining industry with a focus on mineral exploration and development. The company is involved in the acquisition and development of mineral resources, primarily targeting investors in Australia and New Zealand.

Average Trading Volume: 2,096,757

Technical Sentiment Signal: Sell

Current Market Cap: A$16.74M

For detailed information about ASE stock, go to TipRanks’ Stock Analysis page.

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