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My Rewards International Limited ( (AU:MRI) ) has shared an announcement.
My Rewards International Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $4,117,276 by issuing one share for every two shares held at a price of $0.009 per share. The offer is partially underwritten by Abreco Enterprises Pty Ltd, Nightfall Limited, and Mr. Alexander Gold as the Trustee for Klevo Trust. Additionally, the company is making secondary offers, including director options and consultancy options. This financial maneuver is aimed at strengthening the company’s capital base and potentially enhancing its market position.
More about My Rewards International Limited
Average Trading Volume: 20,000
Technical Sentiment Signal: Sell
See more data about MRI stock on TipRanks’ Stock Analysis page.