Details of Superior Resources' updated rights issue timetable

Superior Resources Limited (ASX: $SPQ) has announced a delay of 1 day in the indicative timetable for the non-renounceable rights issue, as per ASX requirements. The Company reserves the right to change the times and dates of the rights issue timetable, subject to the Corporations Act and the Listing Rules.

Executive commentary on the updated rights issue timetable

The indicative timetable for the rights issue has been delayed by 1 day to comply with ASX requirements. Shareholders are advised to carefully read the Prospectus, which will be sent on or about 12 August 2024, before deciding whether to participate in the Rights Issue. We remain committed to maximizing value growth for our shareholders through our exploration activities in northern Queensland.

Summary of Superior Resources' announcement

Superior Resources Limited (ASX: $SPQ) has updated the rights issue timetable, delaying it by 1 day to comply with ASX requirements. Shareholders will receive the Prospectus on or about 12 August 2024 and are encouraged to review it thoroughly before making a decision on participating in the Rights Issue. The Company remains focused on exploring for large copper, nickel-copper-cobalt-PGE, lead-zinc-silver, and gold deposits in northern Queensland, aiming to deliver maximum value growth for its shareholders.