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