Woomera Mining Ltd. (AU:WML) has released an update.
Woomera Mining Ltd. is offering a significant opportunity for Placement Subscribers and Eligible Shareholders to invest in the company through a structured issuance of up to 300 million new options and 500 million new shares, aiming to raise a total of approximately $2 million. This strategic financial move, detailed in their latest prospectus, is conditional upon shareholder approval at the upcoming general meeting. Investors are alerted to the speculative nature of these securities and advised to consult professional advice.
For further insights into AU:WML stock, check out TipRanks’ Stock Analysis page.
