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Avira Resources Announces Proposed Securities Issuance

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Avira Resources Announces Proposed Securities Issuance

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Avira Resources Ltd ( (AU:AVW) ) just unveiled an announcement.

Avira Resources Ltd has announced a proposed issuance of securities, including 46,887,271 ordinary fully paid shares and 122,345,970 options expiring on June 30, 2027. This move is part of a placement or other type of issue, with the proposed issue date set for May 23, 2025. This issuance could potentially impact Avira’s market positioning by increasing its capital base, which may be used for strategic investments or operational expansions, thereby affecting stakeholders such as investors and market analysts.

More about Avira Resources Ltd

YTD Price Performance: 10.0%

Average Trading Volume: 320,737

Technical Sentiment Signal: Buy

Current Market Cap: A$1.18M

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

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