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Andromeda Metals Options Lapse Clarifies Capital Structure

Story Highlights
  • Andromeda Metals is an ASX-listed resources company focused on developing and commercialising mineral assets.
  • The company reported 1,650,000 ADNAA options expired unexercised, modestly reducing potential equity dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andromeda Metals Options Lapse Clarifies Capital Structure

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Andromeda Metals Limited ( (AU:ADN) ) has issued an announcement.

Andromeda Metals Limited has announced the cessation of 1,650,000 ADNAA options, which expired unexercised on 31 December 2025. The lapse of these options slightly reduces the pool of potential equity dilution for existing shareholders and clarifies the company’s current issued capital structure, but does not directly impact its operating activities or projects.

The most recent analyst rating on (AU:ADN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Andromeda Metals Limited stock, see the AU:ADN Stock Forecast page.

More about Andromeda Metals Limited

Andromeda Metals Limited is an Australia-listed resources company (ASX: ADN) operating in the mining and exploration sector. The company is focused on the development and commercialisation of mineral assets, with its securities traded on the Australian Securities Exchange under the code ADN.

Average Trading Volume: 15,599,778

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$64.7M

See more insights into ADN stock on TipRanks’ Stock Analysis page.

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