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Alara Resources Launches $3.84 Million Entitlement Offer to Advance Oman Projects
9:29am on Thursday 16th of July, 2026 AEST
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Mining
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Alara Resources Launches $3.84 Million Entitlement Offer to Advance Oman Projects
9:29am on Thursday 16th of July, 2026 AEST
Key Points
Entitlement offer to raise $3.84 million at $0.032 per share
Funds earmarked for exploration at Block 22B, Block 8, and Daris projects
Offer includes shortfall and investor shortfall components
Partial underwriting by major shareholder Al Tasmin Infrastructure LLC subject to approval
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Alara Resources (ASX:AUQ)
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