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Asra Minerals Issues Shares to Cover Drilling Costs

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Asra Minerals Issues Shares to Cover Drilling Costs

Confident Investing Starts Here:

An announcement from Asra Minerals Limited ( (AU:ASR) ) is now available.

Asra Minerals Limited has announced the issuance of 42,189,355 ordinary fully paid shares in lieu of drilling fees. This move is part of the company’s strategy to manage operational costs effectively while continuing its exploration activities, potentially impacting its financial position and stakeholder interests positively.

More about Asra Minerals Limited

Asra Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in extracting valuable minerals and is listed on the Australian Securities Exchange (ASX) under the code ASR.

Current Market Cap: A$5.53M

Learn more about ASR stock on TipRanks’ Stock Analysis page.

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