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41.42
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101.15
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17,626.29
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40,415.44
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39,676.34
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8,198.78
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0.6690
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67,675.89
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79.95
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2,399.10
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41.42
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Iron Ore
101.15
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17,626.29
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40,415.44
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39,676.34
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8,198.78
(0.53%)
USD/AUD
0.6690
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79.95
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2,399.10
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41.42
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101.15
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17,626.29
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40,415.44
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39,676.34
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8,198.78
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0.6690
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67,675.89
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Oil
79.95
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Gold
2,399.10
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Lithium
41.42
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Iron Ore
101.15
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Hang Seng
17,626.29
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40,415.44
(0.32%)
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39,676.34
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8,198.78
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0.6690
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67,675.89
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79.95
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2,399.10
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41.42
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Iron Ore
101.15
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17,626.29
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40,415.44
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39,676.34
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8,198.78
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79.95
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2,399.10
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79.95
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41.42
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101.15
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40,415.44
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39,676.34
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8,198.78
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0.6690
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67,675.89
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2,399.10
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41.42
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101.15
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79.95
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67,675.89
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79.95
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2,399.10
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41.42
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Iron Ore
101.15
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Hang Seng
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40,415.44
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Nikkei 225
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8,198.78
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79.95
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2,399.10
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Lithium
41.42
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Iron Ore
101.15
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South Harz Potash (ASX:$SHP) conducts pro-rata entitlement issue

Overview of South Harz Potash's entitlement issue


South Harz Potash Ltd (ASX:$SHP) is conducting a pro-rata non-renounceable entitlement issue, offering one share for every fifteen shares held by shareholders at an issue price of $0.023 per share. The company aims to raise up to approximately $1,196,152 through this initiative. The offer is partially underwritten by Luis da Silva, Jubber Super Fund, and Suitangi. It is important to note that the company emphasizes the speculative nature of the shares offered and advises potential investors to thoroughly review the information in the prospectus. Additionally, the offer is not extended to shareholders with a registered address outside Australia, New Zealand, the United Kingdom, or the European Union (Germany, Greece, Ireland, Malta, Spain). The primary purpose of this capital-raising effort is to secure funds for working capital, exploration, and development activities.

Executive Commentary on the Entitlement Issue


The company's constitution, risk factors, effect of the offer on the capital structure, pro-forma balance sheet, market price of shares, material contracts, interests of directors, experts and advisers, consents, expenses of the offer, and glossary of terms are comprehensively outlined in the prospectus. It is important for potential investors to carefully consider the details provided in the prospectus to make an informed decision regarding their participation in the offer. The company's operations and proposed activities are subject to environmental regulations, and we are committed to upholding the highest standards of environmental responsibility in all our endeavors.

Summary of South Harz Potash's Entitlement Issue


South Harz Potash Ltd (SHP) is conducting a pro-rata non-renounceable entitlement issue to raise funds for working capital, exploration, and development activities. The company aims to raise up to approximately $1,196,152 through this initiative. The offer is partially underwritten by Luis da Silva, Jubber Super Fund, and Suitangi. It is important to note that the company emphasizes the speculative nature of the shares offered and advises potential investors to thoroughly review the information in the prospectus. The offer is not extended to shareholders with a registered address outside Australia, New Zealand, the United Kingdom, or the European Union (Germany, Greece, Ireland, Malta, Spain). The prospectus provides comprehensive details about the offer, including the company's constitution, risk factors, effect of the offer on the capital structure, pro-forma balance sheet, market price of shares, material contracts, interests of directors, experts and advisers, consents, expenses of the offer, and a glossary of terms. The company's capital requirements depend on numerous factors, and it may require further financing in addition to amounts raised under the offer. South Harz Potash Ltd is committed to conducting its activities in line with the highest standard of environmental obligation. Potential investors are encouraged to carefully review the prospectus to make an informed decision about participating in the offer.

Sourcehttps://announcements.asx.com.au/asxpdf/20240109/pdf/05z8ydmb6cxlx0.pdf

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