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Anson Resources Shareholders Back Key Capital Resolutions at Extraordinary Meeting

Story Highlights
  • Anson Resources shareholders have approved all three capital-related resolutions at the Extraordinary General Meeting.
  • The strong support for placement and lead manager options underpins funding for Anson’s ongoing US lithium project development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anson Resources Shareholders Back Key Capital Resolutions at Extraordinary Meeting

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Anson Resources ( (AU:ASN) ) has provided an announcement.

Anson Resources has reported the results of its Extraordinary General Meeting, where shareholders voted on several capital-related resolutions by poll. All three resolutions, including the approval of free attaching placement options to placement participants, ratification of the prior issue of placement shares, and the issue of lead manager options, were carried with strong majority support. The approvals secure shareholder backing for Anson’s recent and planned capital-raising and incentive structures, underpinning funding and support for the continued development of its lithium projects in the United States.

The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.

More about Anson Resources

Anson Resources Ltd is an ASX-listed mineral resources company focused on demand-driven commodities, with core lithium assets at the Green River and Paradox projects in Utah, USA. The company aims to develop these projects into significant lithium-producing operations, targeting long-term shareholder value in new energy and technology markets.

YTD Price Performance: -4.29%

Average Trading Volume: 5,612,973

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$108.4M

For detailed information about ASN stock, go to TipRanks’ Stock Analysis page.

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