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Arika Resources Plans New Securities Issue

Metalicity Limited (AU:ARI) has released an update.

Arika Resources Limited has announced a proposed issuance of 3,924,136 ordinary fully paid securities, slated for November 27, 2024. This strategic move is aimed at raising capital through a placement or other type of issue, potentially enhancing the company’s market standing. Such developments might interest investors looking for opportunities in the mining sector.

For further insights into AU:ARI stock, check out TipRanks’ Stock Analysis page.

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