On 01 June 2020, Aguia Resources Limited (ASX:AGR) announced a Renounceable Rights Issue in order to raise up to $2.5 million for financing the developmental activities and advancement at its Tres Estradas Phosphate Project while ensuring maintaining good standing for its copper assets.
AGR looks forward to offering 2 New Shares for every 9 Existing Shares to its shareholders at a price of $0.05 held on a record date of 4 June 2020. The funds raised through the Rights Issue shall also help to ensure adequate working capital availability for AGR.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.