Pacific Bauxite Limited ( (AU:WYX) ) has shared an update.
Western Yilgarn NL, a company listed on the ASX, has announced a pro-rata non-renounceable entitlement issue of new options to its shareholders and optionholders. The initiative aims to raise approximately $79,352,183 through the issuance of new options at a nominal price, with the funds intended to cover the expenses of the offer and provide additional working capital. The company emphasizes rewarding the loyalty of its stakeholders and plans to apply for the quotation of these new options on the ASX, although there is no guarantee of approval.
More about Pacific Bauxite Limited
YTD Price Performance: 48.00%
Average Trading Volume: 255,255
Technical Sentiment Signal: Buy
Current Market Cap: A$4.62M
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