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ACDC Metals Ltd ( (AU:ADC) ) just unveiled an announcement.
ACDC Metals has announced a non-renounceable pro rata issue of new securities to existing shareholders, comprising up to 31,220,252 fully paid ordinary shares and 15,610,126 unlisted options exercisable at $0.075 and expiring two years from their date of issue. The offer, which has an ex-date of 14 May 2026, a record date of 15 May 2026 and an expected issue date of 16 June 2026, is designed to provide additional funding while allowing current investors to maintain their proportional ownership in the company.
More about ACDC Metals Ltd
ACDC Metals Ltd is an Australian-listed company trading on the ASX under the code ADC. The company is engaged in the metals sector and raises capital through equity issuances to fund its ongoing corporate and project activities within the resources industry.
Average Trading Volume: 137,692
Technical Sentiment Signal: Buy
Current Market Cap: A$4.42M
See more insights into ADC stock on TipRanks’ Stock Analysis page.