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Andromeda Metals Limited ( (AU:ADN) ) has shared an update.
Andromeda Metals Limited has issued a notice under section 708A(5)(e) of the Corporations Act 2001, announcing the issuance of 742,857,143 fully paid ordinary shares as part of a share placement. This move, previously announced on October 17, 2025, was executed without disclosure to investors under Part 6D.2 of the Corporations Act. The company confirms compliance with relevant provisions of the Act and states there is no excluded information that needs disclosure. This share placement is likely to impact the company’s financial structure and market operations, potentially affecting stakeholder interests.
More about Andromeda Metals Limited
Andromeda Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. It is listed on the Australian Securities Exchange (ASX) under the ticker ADN.
Average Trading Volume: 10,362,478
Technical Sentiment Signal: Hold
Current Market Cap: A$72.48M
Find detailed analytics on ADN stock on TipRanks’ Stock Analysis page.