ASX:AISMetals and Mining
What Aeris Resources (ASX:AIS)'s Oversubscribed A$21.6m Equity Raise Means For Shareholders
Earlier this week, Aeris Resources completed a follow-on equity offering, issuing 47,968,834 new ordinary shares at A$0.45 each to raise about A$21.59 million.
The heavy oversubscription of the share purchase plan suggests strong investor appetite for Aeris’s equity, even as the larger share base reshapes ownership.
Next, we’ll examine how this fully subscribed A$21.59 million capital raise could influence Aeris Resources’ existing investment narrative.
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