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An update from Askari Metals Limited ( (AU:AS2) ) is now available.
Askari Metals Limited has announced an update regarding its proposed issue of securities, specifically highlighting a non-renounceable rights issue with free attaching options. The new class of options, which have an exercise price of 1.5 cents each, is set to expire on December 1, 2028. This strategic move is part of the company’s efforts to strengthen its financial position and enhance shareholder value by offering additional investment opportunities.
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 primarily engaged in the acquisition and development of gold, copper, and lithium projects, aiming to expand its portfolio and market presence in the mineral exploration sector.
Average Trading Volume: 3,881,499
Technical Sentiment Signal: Sell
Current Market Cap: A$5.39M
Learn more about AS2 stock on TipRanks’ Stock Analysis page.