tiprankstipranks
Trending News
More News >

Dreadnought Resources Announces New Securities Issue

Story Highlights

Dreadnought Resources Limited ( (AU:DRE) ) has issued an update.

Dreadnought Resources Limited has announced a proposed issue of 125,000,000 ordinary fully paid securities under a securities purchase plan. The offer is set to close on April 15, 2025, with the issue date scheduled for April 23, 2025. This move is part of the company’s strategy to raise capital, which could potentially impact its market positioning and provide opportunities for stakeholders.

More about Dreadnought Resources Limited

YTD Price Performance: 20.0%

Average Trading Volume: 5,486,420

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$58.23M

See more data about DRE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App