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Auris Minerals Announces Proposed Securities Issue to Boost Capital

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Auris Minerals Announces Proposed Securities Issue to Boost Capital

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The latest announcement is out from Auris Minerals Ltd. ( (AU:AUR) ).

Auris Minerals Ltd. has announced a proposed issue of securities, which includes the issuance of 250 million unlisted options exercisable at $0.004, expiring three years from their date of issue, and 728,506,106 ordinary fully paid shares. This move is part of a placement or other type of issue, aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its market positioning and stakeholder interests.

More about Auris Minerals Ltd.

Auris Minerals Ltd. is a company operating in the mining industry, primarily focused on mineral exploration and development. The company is engaged in identifying and developing mineral resources, with a market focus on expanding its asset base and enhancing shareholder value.

Average Trading Volume: 1,998,280

Technical Sentiment Signal: Sell

Current Market Cap: A$4.77M

For an in-depth examination of AUR stock, go to TipRanks’ Overview page.

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