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Advance Metals Issues 500,000 Unquoted Options

Story Highlights
  • Advance Metals has issued 500,000 unquoted options exercisable at A$0.15, expiring December 2027.
  • The options are not intended for ASX quotation and modestly expand Advance Metals’ unquoted equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Advance Metals Issues 500,000 Unquoted Options

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Pacific American Holdings Ltd. ( (AU:AVM) ) just unveiled an announcement.

Advance Metals Limited has notified the market of the issue of 500,000 unquoted options exercisable at A$0.15 and expiring on 30 December 2027, under its ASX code AVM. The new options, which are not intended to be quoted on the ASX, modestly expand the company’s unquoted equity base and may provide additional incentive or funding flexibility depending on how and when they are exercised.

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.

Average Trading Volume: 6,189,708

Technical Sentiment Signal: Buy

Current Market Cap: A$65.8M

For detailed information about AVM stock, go to TipRanks’ Stock Analysis page.

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