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AuKing Mining Ltd ( (AU:AKN) ) has issued an announcement.
AuKing Mining has issued 231 million fully paid ordinary shares at $0.0035 per share as the first tranche of a previously announced share placement, expanding its quoted capital base on the ASX. The company confirmed the shares were issued without a prospectus under the Corporations Act’s disclosure exemptions and stated it remains compliant with its continuous disclosure and financial reporting obligations, indicating a routine capital-raising step that supports ongoing funding while maintaining regulatory transparency for investors.
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-listed resources company focused on mineral exploration and development, with its ordinary shares quoted on the Australian Securities Exchange under the code AKN.
Technical Sentiment Signal: Sell
Current Market Cap: A$7.49M
Find detailed analytics on AKN stock on TipRanks’ Stock Analysis page.