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Woomera Mining Ltd. Announces Entitlement Offer to Raise Capital

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Woomera Mining Ltd. ( (AU:OB1) ) has provided an update.

Woomera Mining Ltd. has announced a non-renounceable pro-rata entitlement offer, allowing eligible shareholders to purchase one new share for every two shares held at a price of $0.001 per share. This offer aims to raise up to $1,083,295 before costs, and is open only to shareholders in Australia and New Zealand, closing on April 11, 2025. The offer is considered highly speculative and is not accompanied by a prospectus, highlighting the need for investors to carefully consider their participation.

More about Woomera Mining Ltd.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$3.25M

See more insights into OB1 stock on TipRanks’ Stock Analysis page.

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