tiprankstipranks
Trending News
More News >

Arika Resources Limited Announces Proposed Securities Issue

Story Highlights

Metalicity Limited ( (AU:ARI) ) has shared an announcement.

Arika Resources Limited has announced a proposed issue of 217,391,305 ordinary fully paid securities, with the proposed issue date set for May 8, 2025. This move is part of a placement or another type of issue, and the company has applied for the quotation of these securities on the ASX, which could potentially enhance its capital base and market presence.

More about Metalicity Limited

Technical Sentiment Signal: Strong Buy

Current Market Cap: €9.69M

Learn more about ARI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App