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Astral Resources NL ( (AU:AAR) ) just unveiled an announcement.
Astral Resources NL has issued 8.5 million new fully paid ordinary shares as the second tranche of a previously announced $65 million capital raising, including director participation, at an issue price of $0.20 per share, following shareholder approval at a 23 January 2026 general meeting. The company has also issued a further 1 million shares upon exercise of unlisted options priced at $0.075, and has lodged a cleansing notice confirming the new securities were issued without a prospectus under the Corporations Act and that it remains compliant with its continuous disclosure and financial reporting obligations, thereby facilitating secondary trading of the new shares and reinforcing transparency for investors.
The most recent analyst rating on (AU:AAR) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.
More about Astral Resources NL
Average Trading Volume: 4,317,550
Technical Sentiment Signal: Buy
Current Market Cap: A$492.7M
Find detailed analytics on AAR stock on TipRanks’ Stock Analysis page.