Vital Metals Plans New Options Issue

Vital Metals Ltd (AU:VML) has released an update.

Vital Metals Limited has announced a new securities issuance proposal, planning to issue a maximum of 60 million options expiring in November 2028 at an exercise price of $0.0045 each. The announcement, dated July 15, 2024, indicates a proposed issue date of November 15, 2024. The move aims to raise capital through a placement or similar type of issue, underpinning the company’s growth strategy.

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