VRX Silica Ltd. (AU:VRX) has released an update.
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VRX Silica Ltd. has announced the dispatch of its Prospectus and Entitlement and Acceptance forms to eligible shareholders, marking a significant phase in their capital raising initiative. The company has established a comprehensive timetable for the offer, with key dates ranging from the lodgment with ASIC and ASX to the final issue date of new shares and options. VRX Silica Ltd. is a leading silica sand project developer in Western Australia, and this capital raise could further strengthen their position in supplying the high-demand silica sand market.
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