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Errawarra Resources Ltd. ( (AU:WCE) ) has provided an announcement.
West Coast Silver Limited has notified the ASX of a proposed capital raising through the issue of up to 16,842,106 new fully paid ordinary shares and 2,500,000 options expiring in March 2029, with a planned issue date of 31 March 2026. The placement, detailed in an Appendix 3B filing, signals the company’s intention to bolster its capital structure, potentially providing additional funding capacity for exploration, project advancement or corporate activities, and may lead to shareholder dilution while strengthening its financial position for future operations.
More about Errawarra Resources Ltd.
West Coast Silver Limited (ASX: WCE) is an Australian-listed resources company, with its primary focus implied to be in the silver or broader mining sector, reflecting its name and listing on the ASX as a mineral exploration or development issuer.
Average Trading Volume: 2,534,345
Technical Sentiment Signal: Buy
Current Market Cap: A$88.47M
For an in-depth examination of WCE stock, go to TipRanks’ Overview page.