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Butn Limited Announces Proposed Securities Issue

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Butn Limited Announces Proposed Securities Issue

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The latest announcement is out from Butn Limited ( (AU:BTN) ).

Butn Limited has announced a proposed issue of securities, specifically options expiring on August 1, 2028, with an exercise price of $0.12. The total number of securities to be issued is 8,333,333, and the proposed issue date is August 1, 2025. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the ASX. The announcement reflects Butn Limited’s strategic financial maneuvering to potentially enhance its market position and operational capabilities.

More about Butn Limited

Average Trading Volume: 52,502

Technical Sentiment Signal: Hold

Current Market Cap: A$31.43M

For detailed information about BTN stock, go to TipRanks’ Stock Analysis page.

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