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Aguia Resources Limited ( (AU:AGR) ) has shared an announcement.
Aguia Resources Limited has updated the terms of its one-for-ten entitlement issue, increasing the number of free attaching options to one per new share. The company has lodged the prospectus for this offer with ASIC and plans to make it available to shareholders in Australia, New Zealand, and Hong Kong. This move is expected to raise up to $4 million, potentially enhancing Aguia’s financial resources for its ongoing projects and strengthening its market position.
More about Aguia Resources Limited
Aguia Resources Limited is an ASX-listed multi-commodity company with pre-production phosphate projects in Rio Grande do Sul, Brazil, and gold projects in Bolivar, Colombia. The company has expanded its asset base with the acquisition of Andean Mining, adding gold, silver, and copper projects. Aguia has experienced in-country teams in Porto Alegre, Brazil, and Medellin, Colombia.
Average Trading Volume: 2,289,218
Technical Sentiment Signal: Sell
Current Market Cap: A$37.35M
For a thorough assessment of AGR stock, go to TipRanks’ Stock Analysis page.