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Zenith Minerals Limited ( (AU:ZNC) ) has issued an update.
Zenith Minerals Limited has announced a non-renounceable pro rata entitlement offer to raise approximately $3.5 million. The offer includes the issuance of new shares and options to eligible shareholders, fully underwritten by Leeuwin Wealth Pty Ltd. This capital raising effort is aimed at strengthening the company’s financial position and supporting its ongoing operations.
More about Zenith Minerals Limited
YTD Price Performance: -2.50%
Average Trading Volume: 140,958
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15.89M
Learn more about ZNC stock on TipRanks’ Stock Analysis page.