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Verity Resources Announces Proposed Securities Issue to Boost Capital

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Verity Resources Announces Proposed Securities Issue to Boost Capital

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Verity Resources ( (AU:VRL) ) has shared an announcement.

Verity Resources Limited has announced a proposed issue of securities, including options and ordinary fully paid shares, with a total of 174,166,667 securities to be issued. This move is aimed at raising capital to support the company’s ongoing projects and strategic goals, potentially enhancing its market position and offering new opportunities for stakeholders.

More about Verity Resources

Verity Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is involved in the issuance of securities to support its operational and strategic initiatives.

Average Trading Volume: 1,915,441

Technical Sentiment Signal: Sell

Current Market Cap: A$7.84M

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

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