Patriot Resources Applies for Quotation of 20 Million New Shares
Summary
Patriot Resources Limited has applied for the quotation of 20 million new ordinary fully paid shares on the ASX. These shares were issued as part of a transaction previously announced in an Appendix 3B, specifically for the acquisition of the Tassa Project in Peru. The shares have an estimated value of AUD 0.05 each. This application follows the company's ongoing strategic efforts to expand its resource base and exploration activities.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- 20 million new shares to be quoted on ASX.
- Shares issued for the Tassa Project acquisition.
- Estimated value per share is AUD 0.05.
- Total issued capital post-quotation will be 274,496,139 shares.
Key Points
- 20 million new shares to be quoted on ASX.
- Shares issued for the Tassa Project acquisition.
- Estimated value per share is AUD 0.05.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement contains specific details about share issuance and corporate transactions, requiring some familiarity with financial terms.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
