Armada Metals Announces Major Securities Issue
Company Announcements

Armada Metals Announces Major Securities Issue

Armada Metals Ltd. (AU:AMM) has released an update.

Armada Metals Limited has announced a new securities issue, proposing a significant issuance of over 715 million new securities, including unlisted options and convertible notes, with a proposed issue date of 9th October 2024. The securities, which are yet to be quoted on the ASX, are part of a placement or other type of issue aimed at raising capital for the company.

For further insights into AU:AMM stock, check out TipRanks’ Stock Analysis page.

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