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Sultan Resources gives shareholders a long-dated option on exploration upside
7:42pm on Thursday 8th of October, 2026 AEDT
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Mining and Exploration
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Sultan Resources gives shareholders a long-dated option on exploration upside
7:42pm on Thursday 8th of October, 2026 AEDT
Key Points
1-for-8 non-renounceable option offer at $0.001 each
Options exercisable at $0.03 until 12 July 2030
25 million options offered to Xcel Capital for nil consideration
$91,432 immediate gross proceeds, with $41,760 estimated net cash after offer costs
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Sultan Resources (ASX:SLZ)
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