Star Minerals Launches Rights Issue to Fund Projects

Star Minerals Ltd. (AU:SMS) has released an update.

Star Minerals Limited is launching a renounceable rights issue to raise up to $2.5 million, priced at a 27% discount at 4 cents per share. This funding will support exploration at the Cobra Uranium Project in Namibia and other projects. The rights issue is open to eligible Australian and New Zealand shareholders, with trading rights starting on November 6, 2024.

For further insights into AU:SMS stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.