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BauMart Launches $482K Rights Issue at 75% Discount to Fuel Growth
5:33am on Monday 2nd of June, 2025 AEST
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Industrial Goods & Services
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BauMart Launches $482K Rights Issue at 75% Discount to Fuel Growth
5:33am on Monday 2nd of June, 2025 AEST
Key Points
Rights issue offers 1 new share for every 3 held at $0.01, a 75% discount
Target raise of approximately $482,000 before costs
Funds allocated to mining and construction equipment delivery, R&D, recruitment, and working capital
Offer open to eligible Australian and New Zealand shareholders, closing 23 May 2025
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