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PBT Land & Minerals

PBT Land and Minerals issues subscription rights

Securities offering

Form
424B3
Filed
Importance
Routine
  1. Rights to purchase 2,534,188 Class A shares at $28.08 each
  2. Rights expire November 23, 2026
  3. Expected gross proceeds of $120.0 million from offering
  4. Backstop commitment from Blackbeard Security, SoftVest, and Horizon Kinetics

Written from the 424B3 on EDGAR. Check the filing before you rely on it.

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