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An announcement from Australian Potash Limited ( (AU:APC) ) is now available.
APC Minerals Limited has completed a top-up placement of 66 million new fully paid ordinary shares at $0.004 per share, raising $264,000 before costs on the same terms as its recent entitlement offer. Managed by Yelverton Capital and conducted under the company’s existing placement capacity, the capital raising is intended to bolster APC’s financial flexibility to pursue new project opportunities and support the retention and advancement of its existing project portfolio, strengthening its funding base in a challenging small-cap resources environment.
The most recent analyst rating on (AU:APC) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Australian Potash Limited stock, see the AU:APC Stock Forecast page.
More about Australian Potash Limited
APC Minerals Limited (ASX: APC) is an Australian resources company focused on identifying, retaining and advancing a portfolio of mineral projects, while actively assessing new project opportunities in the mining sector.
Average Trading Volume: 1,057,855
Technical Sentiment Signal: Sell
Current Market Cap: A$6.68M
See more data about APC stock on TipRanks’ Stock Analysis page.