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Askari Metals Limited ( (AU:AS2) ) just unveiled an update.
Askari Metals Limited has issued 12,937,500 fully paid ordinary shares as part of its capital strategy, complying with relevant sections of the Corporations Act without requiring disclosure under Part 6D.2. This share issuance marks a significant step in the company’s financial maneuvers, potentially impacting its strategic projects in Southern Africa and Australia, and demonstrating its regulatory compliance and commitment to stakeholders.
More about Askari Metals Limited
Askari Metals Limited is a Southern African exploration company focused on exploring and developing its Uis Lithium Project in Namibia, strategically located near the Uis Tin-Tantalum-Lithium Mine and close to the deep water port of Walvis Bay. The company has also acquired the Matemanga Uranium Project in Southern Tanzania and is exploring further uranium projects. Askari Metals is considering divesting its Australian projects, which include gold, copper, lithium, and REE opportunities.
YTD Price Performance: 10.0%
Average Trading Volume: 638,007
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$2.55M
See more data about AS2 stock on TipRanks’ Stock Analysis page.
