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Boab Metals Shareholders Back All Resolutions at General Meeting

Story Highlights
  • Boab Metals operates in the Australian mining and metals sector under ASX regulation.
  • Shareholders approved all resolutions, ratifying Tranche 1 and approving Tranche 2 share issues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals Shareholders Back All Resolutions at General Meeting

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The latest update is out from Boab Metals Ltd ( (AU:BML) ).

Boab Metals Limited has confirmed that all resolutions presented at its 23 January 2026 General Meeting of Shareholders in Perth were passed on a poll, reflecting solid investor support for the company’s recent capital management initiatives. Shareholders ratified the prior issue of Tranche 1 shares under ASX Listing Rules 7.1 and 7.1A and approved the issue of Tranche 2 shares, cementing the company’s ability to proceed with its planned equity funding and maintaining compliance with listing rule placement capacity requirements, which collectively underpins Boab Metals’ capital structure and financial flexibility.

The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

More about Boab Metals Ltd

Boab Metals Limited (BML) is an Australia-listed resources company, with its securities quoted on the ASX, and operates within the mining and metals sector. The company’s shareholder base is governed under Australian corporate and securities law, including ASX Listing Rules and the Corporations Act 2001, with governance decisions put to investors via formal meetings and polls.

Average Trading Volume: 3,846,288

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$277.1M

See more insights into BML stock on TipRanks’ Stock Analysis page.

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