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Blackstone Minerals Ltd ( (AU:BSX) ) just unveiled an announcement.
Blackstone Minerals Limited has applied for quotation on the ASX of 1,535,150 new fully paid ordinary shares under the code BSX. The shares were issued on 20 February 2026 as consideration for the settlement of outstanding invoices for services provided, effectively using equity in place of cash payments.
The move modestly expands Blackstone’s share base while preserving cash, which may support the company’s liquidity and operational flexibility. It also signals continued engagement with service providers willing to accept equity, reflecting confidence in the company’s longer‑term prospects.
The most recent analyst rating on (AU:BSX) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Blackstone Minerals Ltd stock, see the AU:BSX Stock Forecast page.
More about Blackstone Minerals Ltd
Blackstone Minerals Limited is an Australian-listed resources company trading under the ASX code BSX. The company is engaged in mineral exploration and related activities, operating within the broader mining and resources sector.
Average Trading Volume: 2,559,034
Technical Sentiment Signal: Sell
Current Market Cap: A$78.69M
Learn more about BSX stock on TipRanks’ Stock Analysis page.