tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Antares Metals Director Increases Stake Through Approved Placement

Story Highlights
  • Antares Metals director Mark Connelly has increased his shareholding via an approved director placement.
  • Connelly acquired 2.5 million shares and 1.25 million options for $20,000, boosting his equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Antares Metals Director Increases Stake Through Approved Placement

Claim 50% Off TipRanks Premium

NickelSearch Ltd. ( (AU:AM5) ) has issued an update.

Antares Metals has disclosed a change in the interests of director Mark Anthony Connelly following the issue of director placement securities approved by shareholders. Connelly acquired 2,500,000 fully paid ordinary shares and 1,250,000 options exercisable at $0.02 and expiring in January 2029 for a total consideration of $20,000, increasing his holding to 3,277,778 shares along with a range of options and performance rights, in a transaction that was not conducted during a closed trading period and reflects further alignment of the director’s interests with those of shareholders.

The most recent analyst rating on (AU:AM5) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on NickelSearch Ltd. stock, see the AU:AM5 Stock Forecast page.

More about NickelSearch Ltd.

Antares Metals Limited is an Australian-listed company in the metals and mining sector. The company is engaged in the exploration and development of mineral resources, with its securities traded on the ASX and subject to Australian corporate and listing regulations.

Average Trading Volume: 2,383,568

Technical Sentiment Signal: Sell

Current Market Cap: A$6.44M

For a thorough assessment of AM5 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1