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An announcement from Pursuit Minerals Ltd ( (AU:PUR) ) is now available.
Pursuit Minerals Ltd has successfully completed a placement of over 51 million fully paid ordinary shares, raising approximately $3.89 million. This capital raise, subject to shareholder approval, includes participation from a non-executive director and the issuance of options to PAC Partners, the lead manager of the placement. The funds will support the company’s ongoing operations and strategic initiatives, potentially strengthening its market position and offering new opportunities for stakeholders.
More about Pursuit Minerals Ltd
Pursuit Minerals Ltd is a company operating in the minerals industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker PUR.
Average Trading Volume: 365,793
Technical Sentiment Signal: Sell
Current Market Cap: A$11.86M
Learn more about PUR stock on TipRanks’ Stock Analysis page.