As of March 31, 2025, Verity Resources Limited (ASX: VRL) reported a cash balance of approximately AUD 351,485, with total debt of AUD 203,230, resulting in a net cash position of AUD 148,255.
During the March 2025 quarter, the company raised approximately AUD 308,000 through a placement to sophisticated and professional investors.
Additionally, Verity Resources announced a renounceable rights issue post-quarter end, offering one new share for every two shares held at $0.012 per share, with one free attaching option exercisable at $0.022 expiring March 19, 2028, aiming to raise up to $1.1 million.
Approx 1.4m
VRL Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
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