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ActivEX Limited ( (AU:AIV) ) has shared an announcement.
ActivEX Limited has completed a share placement, issuing 19,675,256 fully paid ordinary shares at $0.02 per share to investors on 24 March 2026. The new shares are subject to a 12‑month voluntary escrow, indicating a longer-term capital commitment from participating investors and reinforcing the company’s funding base.
Proceeds from the placement will be directed toward further development of ActivEX’s existing exploration projects and for general working capital needs. The company also confirmed compliance with relevant Australian Corporations Act disclosure and reporting provisions, aiming to provide assurance to shareholders and the market regarding regulatory transparency around the capital raising.
The most recent analyst rating on (AU:AIV) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on ActivEX Limited stock, see the AU:AIV Stock Forecast page.
More about ActivEX Limited
ActivEX Limited is an Australian mineral exploration company focused on advancing its existing exploration projects. The company operates within the resources sector and deploys capital primarily into project development activities while maintaining sufficient working capital for ongoing operations.
Average Trading Volume: 79,193
Technical Sentiment Signal: Sell
Current Market Cap: A$5.56M
See more insights into AIV stock on TipRanks’ Stock Analysis page.