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An update from Apollo Minerals Limited ( (AU:AON) ) is now available.
Apollo Minerals Limited has applied to the ASX for quotation of 13.6 million new fully paid ordinary shares, with an issue date of 5 March 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s quoted capital base and potentially providing additional funding flexibility.
The new share quotation may slightly dilute existing holdings but could support Apollo Minerals’ capacity to finance ongoing exploration or project development. While the announcement is largely administrative, it signals continued capital market activity by the company as it progresses its resource-focused strategy.
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
Apollo Minerals Limited is an Australia-listed resources company trading under the ASX code AON. The company operates in the mining and exploration sector, with its activities focused on developing and advancing mineral projects to create value for shareholders in the resources market.
Average Trading Volume: 19,129,298
Technical Sentiment Signal: Buy
Current Market Cap: A$86.74M
For an in-depth examination of AON stock, go to TipRanks’ Overview page.