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Alicanto Minerals ( (AU:AQI) ) has provided an update.
Alicanto Minerals has confirmed that all resolutions put to shareholders at its 30 January 2026 general meeting were approved by poll, providing full endorsement for its current capital management and funding strategy. Key approvals included Tranche 2 of a placement, ratification of Tranche 1 placement shares, director participation in the placement, and a 12-for-1 share consolidation, with a detailed timetable set for the consolidation process and issuance of new securities through mid-February 2026, paving the way for settlement of the capital raising and commencement of post-consolidation trading.
The most recent analyst rating on (AU:AQI) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Alicanto Minerals stock, see the AU:AQI Stock Forecast page.
More about Alicanto Minerals
Alicanto Minerals Limited (ASX: AQI) is an Australian-listed resources company focused on mineral exploration and development, operating within the mining and exploration industry and targeting value creation through equity-funded project advancement.
Average Trading Volume: 3,699,716
Technical Sentiment Signal: Buy
Current Market Cap: A$230.2M
See more insights into AQI stock on TipRanks’ Stock Analysis page.