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AML3D Limited Issues 600,000 Shares Following Option Exercise

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AML3D Limited Issues 600,000 Shares Following Option Exercise

Elevate Your Investing Strategy:

AML3D Ltd ( (AU:AL3) ) has provided an announcement.

AML3D Limited has issued 600,000 ordinary fully paid shares following the exercise of unlisted options, as announced in compliance with the Corporations Act 2001. This move is part of AML3D’s ongoing efforts to enhance its financial position and operational capabilities, potentially strengthening its market position in the metal additive manufacturing industry.

The most recent analyst rating on (AU:AL3) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on AML3D Ltd stock, see the AU:AL3 Stock Forecast page.

More about AML3D Ltd

AML3D Limited, founded in 2014, is a publicly listed technology company that specializes in metal additive manufacturing. The company has developed a patented Wire Additive Manufacturing (WAM®) process to produce large-scale metal parts for industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas. AML3D operates a Technology Centre in Adelaide, Australia, and is the original equipment manufacturer of ARCEMY®, an industrial metal 3D printing system.

Average Trading Volume: 2,217,180

Technical Sentiment Signal: Buy

Current Market Cap: A$143.5M

See more data about AL3 stock on TipRanks’ Stock Analysis page.

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