European Resources Begins Trading of Renounceable Rights on ASX
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European Resources Limited has started trading renounceable rights on the ASX under the code ERER, following a recent capital raising announcement. Trading will continue until April 8, 2026, allowing shareholders to sell their entitlements if they choose not to participate. This structure offers flexibility and may encourage broader participation in the capital raising. The latest analyst rating for Prospech Ltd. (AU:ERE) is a Hold with a price target of A$0.02. The company focuses on exploration and development in Europe and has a market cap of A$9.95M.
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