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NickelSearch Ltd. ( (AU:AM5) ) has shared an update.
Antares Metals has disclosed a change in the security holdings of director Richard Maddocks following a director placement that was approved by shareholders. Maddocks acquired 625,000 fully paid ordinary shares and 312,500 unlisted options exercisable at $0.02, for a total consideration of $5,000, increasing his indirect holding to 1,642,612 shares alongside existing options and performance rights. The transaction, which did not occur during a closed trading period, modestly increases director alignment with shareholders through additional equity exposure and reflects ongoing capital management activity within the company.
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 resources company focused on mineral exploration and development, with its securities traded on the ASX. The company operates within the metals and mining sector and regularly reports changes in directors’ interests in accordance with corporate governance and regulatory requirements.
Average Trading Volume: 2,383,568
Technical Sentiment Signal: Sell
Current Market Cap: A$6.44M
Find detailed analytics on AM5 stock on TipRanks’ Stock Analysis page.