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Can Reach Resources Secure $3.15M to Power Next Exploration Phase?
10:02pm on Wednesday 25th of March, 2026 AEDT
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Can Reach Resources Secure $3.15M to Power Next Exploration Phase?
10:02pm on Wednesday 25th of March, 2026 AEDT
Key Points
Non-renounceable entitlement issue: 2 shares for every 5 held at $0.009 each
Target raise of approximately $3.15 million to fund exploration and new opportunities
Directors and CEO intend to fully subscribe to their entitlements
Potential dilution of up to 28.57% for non-participating shareholders
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REACH RESOURCES (ASX:RR1)
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