Verity Resources ( (AU:VRL) ) has shared an announcement.
Verity Resources Limited has announced a pro-rata renounceable entitlement issue, offering one share for every two shares held, priced at $0.012 per share. This offer, which aims to raise up to $1,106,043, includes a free new option for every share applied for and is partially underwritten by CAP Holdings Pty Ltd. The offer is available to shareholders in specific jurisdictions, excluding several countries due to regulatory constraints. The company emphasizes the speculative nature of the securities offered and advises potential investors to seek professional advice.
More about Verity Resources
Technical Sentiment Signal: Hold
Current Market Cap: $2.08M
Learn more about VRL stock on TipRanks’ Stock Analysis page.