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AuKing Mining Ltd ( (AU:AKN) ) has provided an announcement.
AuKing Mining Limited has issued 29,434,250 fully paid ordinary shares following the exercise of an equivalent number of options expiring 31 December 2026 at an exercise price of $0.006, expanding its quoted share capital on the ASX. The company confirmed that the shares were issued without a prospectus under the Corporations Act’s disclosure exemptions and stated it is compliant with its continuous disclosure and financial reporting obligations, with no excluded information presently withheld from the market.
The most recent analyst rating on (AU:AKN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on AuKing Mining Ltd stock, see the AU:AKN Stock Forecast page.
More about AuKing Mining Ltd
AuKing Mining Limited is an Australian resources company listed on the ASX (ASX: AKN), operating in the mining sector with a focus on exploration and development of mineral assets. The company’s ordinary shares form part of a quoted class of securities on the Australian Securities Exchange, and it reports as a disclosing entity under the Corporations Act 2001.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.17M
Find detailed analytics on AKN stock on TipRanks’ Stock Analysis page.