Adx Energy Ltd (AU:ADX) has released an update.
ADX Energy Ltd has announced a new securities issue, proposing the issuance of 1,300,000 unlisted options and 1,751,000 fully paid ordinary shares, with the final issue date slated for 31st December 2024. These securities are set to expire on various dates throughout 2028 and early 2029. This move is part of the company’s strategy to raise capital and possibly expand or finance its operations.
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