PepinNini Minerals Limited (AU:PNN) has released an update.
PepinNini Minerals Limited announces a non-renounceable entitlement issue offering one new option for every three shares, at $0.01 each, aiming to raise up to $308,683, with additional offers including new options for placement participants, directors, and a broker offer, all exercisable at $0.30 within five years. The offer, highlighted as speculative, comes with updates to the company’s capital structure and recent activities such as the Rincon Project funding and development agreement.
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