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Bubalus Resources Ltd. ( (AU:BUS) ) has issued an announcement.
Bubalus Resources Ltd has called a general meeting of shareholders in Perth on 26 February 2026 to consider several capital management resolutions. Only shareholders registered as at 4:00pm WST on 24 February 2026 will be entitled to vote.
The meeting will seek shareholder ratification of two prior share placements totaling 12.5 million shares issued under different ASX Listing Rule capacities, and approval to issue 2.5 million options to broker Inyati or its nominees. These approvals would regularise past capital raisings, preserve the company’s placement capacity under listing rules, and formalise performance-based incentives for its corporate adviser, with implications for existing shareholders’ dilution and the company’s future funding flexibility.
The most recent analyst rating on (AU:BUS) stock is a Sell with a A$0.12 price target. To see the full list of analyst forecasts on Bubalus Resources Ltd. stock, see the AU:BUS Stock Forecast page.
More about Bubalus Resources Ltd.
Average Trading Volume: 219,310
Technical Sentiment Signal: Sell
Current Market Cap: A$8.39M
Learn more about BUS stock on TipRanks’ Stock Analysis page.