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NickelSearch Ltd. ( (AU:AM5) ) has provided an announcement.
Antares Metals Limited has notified the market of the issuance of 30 million unquoted options with an exercise price of $0.02 and an expiry date of 31 January 2029. The new options, which are not intended to be quoted on the ASX, form part of previously announced transactions and represent a significant addition to the company’s unquoted equity base, potentially providing future capital inflows if exercised and further aligning stakeholders with the company’s long‑term growth plans.
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 the exploration and development of mineral resources. The company seeks to advance its project portfolio and create value through the discovery and potential development of metal assets.
Average Trading Volume: 2,383,568
Technical Sentiment Signal: Sell
Current Market Cap: A$6.44M
Learn more about AM5 stock on TipRanks’ Stock Analysis page.