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Belararox Ltd. ( (AU:BRX) ) has shared an update.
Belararox Ltd has notified the ASX of a proposed issue of new securities, comprising up to 18,111,108 options (ASX code: BRXO) expiring on 10 December 2028, to be issued as a placement or similar type of capital raising. The options are expected to be issued on 15 January 2026, indicating the company is seeking additional funding or capital structure flexibility, which may affect existing shareholders’ dilution and signal ongoing or planned corporate or project activities once the securities are quoted and tradable on the ASX.
The most recent analyst rating on (AU:BRX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Belararox Ltd. stock, see the AU:BRX Stock Forecast page.
More about Belararox Ltd.
Average Trading Volume: 565,148
Technical Sentiment Signal: Hold
Current Market Cap: A$25.22M
See more insights into BRX stock on TipRanks’ Stock Analysis page.