American West Metals Plans New Securities Issue

American West Metals Ltd. (AU:AW1) has released an update.

American West Metals Limited has announced a proposed securities issuance that includes 45 million unlisted options exercisable at $0.18 each by November 30, 2028, and 888,889 ordinary fully paid shares under the ticker AW1. The proposed issue date is set for November 29, 2024. This move indicates the company’s strategy to raise capital and expand its financial horizons, potentially offering a new investment opportunity for market participants.

For further insights into AU:AW1 stock, check out TipRanks’ Stock Analysis page.