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OZZ Resources Launches $1.07M Entitlement Offer Amid ASX Suspension Threat
10:02pm on Tuesday 17th of March, 2026 AEDT
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OZZ Resources Launches $1.07M Entitlement Offer Amid ASX Suspension Threat
10:02pm on Tuesday 17th of March, 2026 AEDT
Key Points
Fully underwritten entitlement offer at $0.04 per share to raise $1.07 million
Offer ratio of 19 shares for every 66 held, with sub-underwriting by director-associated entities
Funds targeted for debt conversion, project acquisitions, tenement expenditure, and working capital
Company remains suspended from ASX with delisting risk by June 2026 if compliance unmet
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OZZ RESOURCES (ASX:OZZ)
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