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APC Minerals Raises Capital Through 66 Million-Share Placement

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APC Minerals Raises Capital Through 66 Million-Share Placement

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Australian Potash Limited ( (AU:APC) ) has shared an update.

APC Minerals Limited has issued 66 million fully paid ordinary shares as part of a placement, expanding its share capital base. The company stated that the shares were issued without a prospectus under relevant Corporations Act provisions, and confirmed it is compliant with ongoing reporting obligations and that there is no excluded information, indicating efforts to maintain regulatory transparency as it raises additional equity funding.

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-listed resources company operating in the minerals sector, with its activities centred on exploration and development of mineral assets in Australia.

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.

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