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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 64,499,999 unquoted attaching options, exercisable at $0.15 and expiring on 30 December 2027. These options, which form part of previously announced transactions and are not intended to be quoted on the ASX, represent a significant expansion of the company’s unquoted equity base and may provide additional future funding flexibility and potential dilution for existing shareholders if exercised.
More about Pacific American Holdings Ltd.
Advance Metals Limited (ASX: AVM) is an Australian-listed company operating in the resources sector, focused on mineral exploration and development. The company’s activities centre on identifying and progressing resource projects, positioning it within the broader mining and exploration industry.
Average Trading Volume: 6,249,005
Technical Sentiment Signal: Buy
Current Market Cap: A$50.7M
See more data about AVM stock on TipRanks’ Stock Analysis page.