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AuKing Mining Issues 50 Million Unquoted Options Expiring in 2026

Story Highlights
  • AuKing Mining is issuing 50 million unquoted options at a $0.006 exercise price.
  • These unlisted options expand AuKing’s equity base and may affect future shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AuKing Mining Issues 50 Million Unquoted Options Expiring in 2026

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An announcement from AuKing Mining Ltd ( (AU:AKN) ) is now available.

AuKing Mining Limited has notified the market of the issue of 50 million unquoted options, exercisable at $0.006 and expiring on 31 December 2026. The options, which are not intended to be quoted on the ASX, form part of previously announced transactions and signal an expansion of the company’s unquoted equity base, potentially affecting capital structure and future dilution for existing shareholders.

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

Technical Sentiment Signal: Sell

Current Market Cap: A$3.6M

For detailed information about AKN stock, go to TipRanks’ Stock Analysis page.

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