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The latest update is out from Verity Resources ( (AU:VRL) ).
Verity Resources Limited has announced a non-renounceable pro rata offer to existing shareholders, involving the issue of up to 81,756,911 new fully paid ordinary shares and an equal number of options exercisable at $0.036 and expiring on 11 March 2031. The offer, structured as a standard pro rata entitlement with key dates including an ex-date of 16 February 2026, record date of 17 February 2026, closing on 4 March 2026 and issue on 11 March 2026, is intended to expand the company’s capital base and provide additional long-dated leverage for investors, potentially strengthening its funding position and flexibility for future activities.
More about Verity Resources
Average Trading Volume: 3,507,208
Technical Sentiment Signal: Sell
Current Market Cap: A$10.16M
For an in-depth examination of VRL stock, go to TipRanks’ Overview page.