Askari Metals Limited ( (AU:AS2) ) has issued an update.
Askari Metals Limited has issued 5,847,953 fully paid ordinary shares without disclosure to investors, complying with relevant provisions of the Corporations Act. This move aligns with the company’s strategic focus on expanding its exploration projects in Africa, potentially strengthening its market position and attracting further investment.
More about Askari Metals Limited
Askari Metals is a Southern African exploration company focused on developing its Uis Lithium Project in Namibia and recently acquired the Matemanga Uranium Project in Southern Tanzania. The company is also considering divesting its Australian projects, which include gold, copper, lithium, and rare earth elements.
YTD Price Performance: -16.67%
Average Trading Volume: 2,083,486
Technical Sentiment Signal: Buy
Current Market Cap: A$2.78M
For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.