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Burley Minerals Ltd. ( (AU:BUR) ) has provided an announcement.
Burley Minerals Ltd has announced a non-renounceable pro rata entitlement offer to its eligible shareholders, aiming to raise approximately $563,891 before costs. The offer includes one new share for every eight existing shares and one free attaching option for every two new shares subscribed, with the option exercisable by May 2026. The offer opens on April 30, 2025, and closes on May 9, 2025, and is not underwritten. This move is part of Burley Minerals’ strategy to strengthen its financial position, though the investment is considered highly speculative.
More about Burley Minerals Ltd.
YTD Price Performance: -37.14%
Average Trading Volume: 132,094
Technical Sentiment Signal: Buy
Learn more about BUR stock on TipRanks’ Stock Analysis page.
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