rights issue

Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)

European Resources Withdraws March Rights Issue and Announces New Renounceable Rights Issue

European Resources has withdrawn its previously announced rights issue from March. The company is replacing it with a new 3-for-7 renounceable rights issue priced at A$0.015 per share. This move aims to raise capital through eligible shareholders.