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The latest update is out from Aguia Resources Limited ( (AU:AGR) ).
Aguia Resources Limited announced a 1 for 10 Entitlement Issue to raise up to $4 million, with shares priced at 2.7¢ and attaching free options. The closing date for this entitlement is set for 23 October 2025, and the board does not intend to extend it. This financial move is part of Aguia’s broader strategy to enhance its operational capabilities and strengthen its market position, following recent developments such as a bank loan approval for Tres Estrades and a significant geological discovery at Santa Barbara.
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 through the acquisition of Andean Mining, adding gold, silver, and copper projects. Aguia Resources has established experienced in-country teams in Porto Alegre, Brazil, and Medellin, Colombia.
Average Trading Volume: 2,298,925
Technical Sentiment Signal: Sell
Current Market Cap: A$40.34M
See more insights into AGR stock on TipRanks’ Stock Analysis page.