Rights Issue to Raise up to $3.15M
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Reach Resources Limited has announced a non-renounceable entitlement issue to raise funds for its projects and working capital. Funds will primarily support the exploration and development of the Murchison South Gold Project and other opportunities. Westar Capital Limited has been appointed as the Lead Manager for this offer.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Reach Resources Limited on 6ix
Story so far
Earlier from Reach Resources
- Entitlement Issue Prospectus
- High-Grade Rock Chip Assays Highlight Prospectivity
- Gold Extends Along Strike, at Depth & Below Historic Working
- Trading Halt
- Excellent Metallurgical Results
Later from Reach Resources
- 30% Increase to 80,000 Oz & Higher Grade at Blue Heaven
- Murchison South Fully Funded to Production
- REEcycle To List on Nasdaq
- Positioned for Growth
- Additional Funding from Sale of Non-Core Assets
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