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Advance Metals Seeks ASX Quotation for 8.5 Million New Shares

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Advance Metals Seeks ASX Quotation for 8.5 Million New Shares

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

Advance Metals Limited has applied to the ASX for quotation of 8,500,000 new ordinary fully paid shares, with an issue date of 30 December 2025, under its ticker AVM. The additional quoted securities expand the company’s listed capital base, which may support its funding capacity for ongoing projects and could modestly increase liquidity for existing shareholders, though no further details on the underlying transaction are provided in the filing.

More about Pacific American Holdings Ltd.

Advance Metals Limited is an Australian-listed company on the ASX under the code AVM. While this announcement does not describe its specific operations, the company is active in the resources sector and typically engages in the exploration and development of mineral assets for domestic and international markets.

Average Trading Volume: 6,249,005

Technical Sentiment Signal: Buy

Current Market Cap: A$50.7M

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

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