Pure Foods Tasmania (ASX:PFT) extended to July 5 the shortfall offer of the first tranche of its rights issue, according to a Friday filing with the Australian bourse.
On May 31, the company reserved the right to issue 43,349,780 shares, which amount to about AU$1.7 million, not subscribed for under the first tranche of its rights issue.
The stock fell 9% in recent trade.
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