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The latest update is out from Paterson Resources ( (AU:PSL) ).
Paterson Resources Limited has announced the closure of its entitlement offer, which was a pro-rata, fully-underwritten non-renounceable issue of new shares and options. The offer aimed to raise $1.09 million but received applications totaling $752,071.70, resulting in a shortfall of approximately 18.77 million shares and options. The allotment of new shares and options is scheduled for 30 October 2025, with trading on the ASX expected to commence shortly thereafter.
More about Paterson Resources
YTD Price Performance: 172.73%
Average Trading Volume: 1,884,257
Technical Sentiment Signal: Buy
Current Market Cap: A$15.26M
Learn more about PSL stock on TipRanks’ Stock Analysis page.