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An announcement from Albion Resources Ltd. ( (AU:ALB) ) is now available.
Albion Resources Ltd. has announced a proposed issue of 20 million unquoted options, exercisable at $0.14 with a four-year expiry, as part of a placement or other type of issue. This move is intended to raise capital and may impact the company’s financial strategy and market positioning, potentially affecting stakeholders by altering the company’s equity structure.
More about Albion Resources Ltd.
Average Trading Volume: 1,340,218
Technical Sentiment Signal: Buy
Current Market Cap: A$10.66M
Find detailed analytics on ALB stock on TipRanks’ Stock Analysis page.