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Why Is Asra Minerals Issuing 1.8 Billion New Options Now?

6:02pm on Tuesday 3rd of June, 2025 AEST Mining
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Why Is Asra Minerals Issuing 1.8 Billion New Options Now?

6:02pm on Tuesday 3rd of June, 2025 AEST
Key Points
  • Offer of up to 1.5 billion options on a 1-for-1 basis with placement shares
  • Additional 300 million options issued to lead managers as service consideration
  • Options exercisable at $0.004, expiring 30 June 2028
  • Placement raised approximately $3 million at $0.002 per share
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