Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Pacific American Holdings Ltd. ( (AU:AVM) ).
Advance Metals Limited has notified the market that it will issue 5 million unlisted attaching options with an exercise price of A$0.15 and an expiry date of 29 December 2027. These unquoted options, which arise from a previously announced transaction, are not intended to be listed on the ASX and will expand the company’s pool of equity-linked instruments, potentially affecting future capital structure and shareholder dilution depending on conversion levels.
More about Pacific American Holdings Ltd.
Advance Metals Limited (ASX: AVM) is an Australian-listed resources company operating in the metals and mining sector. The company focuses on the exploration and development of mineral assets, with its securities traded on the Australian Securities Exchange under the code AVM.
Average Trading Volume: 6,249,005
Technical Sentiment Signal: Buy
Current Market Cap: A$50.7M
Learn more about AVM stock on TipRanks’ Stock Analysis page.