Wellnex Life (ASX: WNX) has launched a non-renounceable pro-rata 1-for-1 entitlement offer of fully paid ordinary shares (Shares) at an issue price of $0.028 per Share, together with 1 attaching unlisted option, exercisable at $0.05 and expiring 30 June 2025, for every 3 Shares issued under the entitlement offer (Entitlement Offer) to raise up to approximately $13.6 million (before costs).
VPM’s tenements are located in Victoria’s Murray Basin which is emerging as a major Australian critical minerals district featuring projects by Iluka, WIM and VHM.
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