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American Tungsten & Antimony Issues 27 Million Shares on Option Conversion

Story Highlights
  • American Tungsten & Antimony issued 27,001,987 new shares from option conversions.
  • The company affirmed Corporations Act compliance and no undisclosed material information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Tungsten & Antimony Issues 27 Million Shares on Option Conversion

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The latest update is out from Trigg Mining Ltd. ( (AU:AT4) ).

American Tungsten & Antimony Ltd has issued 27,001,987 fully paid ordinary shares following the conversion of options, increasing its share capital without undertaking a formal disclosure document. The company confirmed it remains compliant with relevant financial reporting and continuous disclosure obligations under the Corporations Act and stated there is no excluded information requiring disclosure, providing assurance to investors about regulatory compliance in relation to the new share issue.

The most recent analyst rating on (AU:AT4) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Trigg Mining Ltd. stock, see the AU:AT4 Stock Forecast page.

More about Trigg Mining Ltd.

American Tungsten & Antimony Ltd is an Australian-listed resources company focused on tungsten and antimony, commodities used in industrial, strategic and specialty applications, with its securities traded on both the ASX and the OTCQB market.

Average Trading Volume: 10,725,936

Technical Sentiment Signal: Buy

Current Market Cap: A$178.5M

Learn more about AT4 stock on TipRanks’ Stock Analysis page.

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