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Alchemy Resources Limited ( (AU:ALY) ) has issued an announcement.
Alchemy Resources Limited has announced the expiry of 6,000,000 unexercised options, each with an exercise price of A$0.0405 and an expiry date of 23 December 2025, resulting in the cessation of these securities. The lapse of these options slightly simplifies the company’s capital structure by removing a tranche of potential equity dilution, which may provide greater clarity around the current issued capital for shareholders and potential investors.
More about Alchemy Resources Limited
Alchemy Resources Limited is an Australian-listed company on the ASX (code: ALY), operating in the resources sector and focused on mineral exploration and development. The company’s activities typically centre on identifying and advancing resource projects, positioning it within the broader mining and exploration industry.
YTD Price Performance: 10.0%
Average Trading Volume: 9,022,589
Technical Sentiment Signal: Sell
Current Market Cap: A$13.07M
Find detailed analytics on ALY stock on TipRanks’ Stock Analysis page.