Provaris Energy Ltd (AU:PV1) has released an update.
Provaris Energy Ltd has announced a Share Purchase Plan (SPP) that allows eligible shareholders to acquire additional options; for every three shares purchased, they receive one free option. This move comes with the release of a Target Market Determination, required under Australian law, to ensure the offer meets the investors’ ‘target market’. The company has made this documentation available, underscoring the non-quotability of the new options on the ASX and advising prospective investors to consult the Prospectus for detailed information.
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