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Askari Metals Limited ( (AU:AS2) ) just unveiled an update.
Askari Metals Limited has announced a proposed non-pro rata offer of securities, with a maximum of 33,553,990 options set to expire on December 31, 2028, at an exercise price of $0.022. This strategic move is aimed at raising capital to support the company’s ongoing exploration and development activities, potentially enhancing its market position and providing opportunities for growth.
More about Askari Metals Limited
Askari Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and exploration of mineral tenements, primarily targeting precious and base metals.
Average Trading Volume: 868,179
Technical Sentiment Signal: Sell
Current Market Cap: A$3.11M
For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.