Superior Resources Limited (ASX:SPQ) (Superior, the Company) refers to its rights issue, announced to ASX on 1 August 2024 (Rights Issue).
Superior confirms that the prospectus of the Rights Issue and personalised entitlement and application forms have been sent to eligible shareholders, and the Rights Issue is now open. Attached is a letter sent to ineligible shareholders in accordance with Listing Rule 7.7.1 and accompanying this announcement is Superior's target market determination. The Rights Issue is scheduled to close on 21 August 2024 (unless extended in accordance with the Corporations Act and Listing Rules).
Shareholders should consider the prospectus in deciding whether to acquire securities and will need to follow the instructions set out in the application form that accompanies the prospectus.
About Superior
Superior Resources Limited (ASX:SPQ) is an Australian public company exploring for large copper, nickel-copper-cobalt-PGE, lead-zinc-silver and gold deposits in northern Queensland, which have the potential to return maximum value growth for shareholders. The Company is focused on multiple Tier1 equivalent exploration targets and has a dominant position within the Carpentaria Zinc Province in NW Qld and Ordovician rock belts in NE Qld considered to be equivalents of the NSW Macquarie Arc. For more information, please visit our website at www.superiorresources.com.au.
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