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AuKing Mining Cancels 58,000 Lapsed Convertible Notes

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AuKing Mining Cancels 58,000 Lapsed Convertible Notes

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AuKing Mining Ltd ( (AU:AKN) ) has provided an announcement.

AuKing Mining has notified the market that 58,000 AKNAT convertible notes have ceased, following the lapse of conditional rights attached to these securities. The lapse occurred because the conditions for conversion were not met or had become incapable of being satisfied, resulting in an adjustment to the company’s issued capital profile without new equity being created.

More about AuKing Mining Ltd

AuKing Mining Ltd is an Australian-listed resources company focused on mining and exploration activities. The company trades on the ASX under the ticker AKN and manages a range of securities as part of its capital structure.

Average Trading Volume: 5,237,820

Technical Sentiment Signal: Sell

Current Market Cap: A$32.56M

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

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