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NickelSearch Ltd. ( (AU:AM5) ) has shared an update.
Antares Metals Limited has notified the market of the issue of 29,166,667 unquoted options, exercisable at $0.02 and expiring on 31 January 2029. The options, which form part of previously announced transactions and are not intended to be quoted on the ASX, expand the company’s unquoted equity base and may provide additional future capital if exercised, with implications for dilution and ownership structure for existing stakeholders.
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, listed on the ASX under the code AM5, operates in the metals and mining sector, focusing on resource exploration and development activities, though this filing does not specify particular projects or commodities.
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.