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Centrex Launches $10.4M Entitlement Offer to Fund Critical Plant Upgrades
10:16am on Tuesday 14th of January, 2025 AEDT
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Mining
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Centrex Launches $10.4M Entitlement Offer to Fund Critical Plant Upgrades
10:16am on Tuesday 14th of January, 2025 AEDT
Key Points
Entitlement offer aims to raise $10.4 million at $0.012 per share
Minimum subscription condition set at $9 million to proceed
Funds allocated to plant upgrades, tailing facility, and working capital
Strategic logistics debt restructuring enhances working capital position
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