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Apollo Minerals Plans Major Share Placement of Over 242 Million Shares

Story Highlights
  • Apollo Minerals plans to issue up to 242,175,925 new fully paid ordinary shares.
  • The sizeable placement on 6 February 2026 will expand the share base and may dilute investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Apollo Minerals Plans Major Share Placement of Over 242 Million Shares

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The latest update is out from Apollo Minerals Limited ( (AU:AON) ).

Apollo Minerals Limited has lodged an Appendix 3B with the ASX outlining a proposed capital raising via the issue of up to 242,175,925 new fully paid ordinary shares under its ticker AON. The placement, scheduled for issue on 6 February 2026, signals a significant equity issuance that will expand the company’s share base and potentially provide funding flexibility for its ongoing activities, with implications for existing shareholders through dilution and for the company’s capacity to advance its strategic and operational objectives.

The most recent analyst rating on (AU:AON) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Apollo Minerals Limited stock, see the AU:AON Stock Forecast page.

More about Apollo Minerals Limited

YTD Price Performance: 200%

Average Trading Volume: 26,473,840

Technical Sentiment Signal: Hold

Current Market Cap: A$27.85M

For an in-depth examination of AON stock, go to TipRanks’ Overview page.

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