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Advance Metals Issues 3.37 Million New Shares on Option Conversions

Story Highlights
  • Advance Metals issued 3,369,984 new ordinary shares on 5 January 2026.
  • Conversion of unquoted securities into equity modestly expands AVM’s share base and may improve liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Advance Metals Issues 3.37 Million New Shares on Option Conversions

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The latest announcement is out from Pacific American Holdings Ltd. ( (AU:AVM) ).

Advance Metals Limited has notified the market of the issue of 3,369,984 new ordinary fully paid shares on 5 January 2026 following the exercise or conversion of previously unquoted options or other convertible securities. The move modestly expands the company’s share base and reflects the transition of unquoted instruments into tradable equity, which may enhance liquidity for investors and slightly adjust existing shareholders’ relative holdings.

The most recent analyst rating on (AU:AVM) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Pacific American Holdings Ltd. stock, see the AU:AVM Stock Forecast page.

More about Pacific American Holdings Ltd.

Advance Metals Limited (ASX: AVM) is an Australian-listed company operating in the resources sector, with its primary activities focused on the exploration and development of mineral and metal assets.

Average Trading Volume: 6,189,708

Technical Sentiment Signal: Buy

Current Market Cap: A$65.8M

See more data about AVM stock on TipRanks’ Stock Analysis page.

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