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Arrow Minerals Limited ( (AU:AMD) ) has shared an announcement.
Arrow Minerals Ltd has lodged an Appendix 3B notice with the ASX outlining a proposed placement of up to 125,000,000 new ordinary fully paid shares. The shares, which are expected to be issued on 16 June 2026, will expand the company’s capital base and may provide additional funding capacity for its exploration and development activities, with implications for existing shareholder dilution and future project financing flexibility.
More about Arrow Minerals Limited
Arrow Minerals Ltd is an Australia-listed resources company focused on mineral exploration and development. The company’s ordinary fully paid shares trade on the ASX under the ticker AMD, providing equity exposure to its portfolio of mining and exploration assets.
Technical Sentiment Signal: Sell
Current Market Cap: A$17.08M
For detailed information about AMD stock, go to TipRanks’ Stock Analysis page.