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C29 Metals Seeks ASX Quotation for 43.5 Million New Shares

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C29 Metals Seeks ASX Quotation for 43.5 Million New Shares

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An announcement from C29 Metals Limited ( (AU:C29) ) is now available.

C29 Metals Limited has applied for quotation on the ASX of 43,547,043 new ordinary fully paid shares, with an issue date of 6 May 2026. The application, lodged as an Appendix 2A, formalises the admission of these securities to trading, expanding the company’s listed capital base and potentially improving liquidity for existing and new shareholders.

The newly quoted securities arise from transactions previously flagged to the market in an Appendix 3B, indicating that this step is part of an ongoing capital management or funding program. The quotation of these additional shares may support the company’s financing needs for exploration or project development while slightly diluting existing holdings, a trade-off that stakeholders will monitor as C29 advances its strategy.

More about C29 Metals Limited

C29 Metals Limited is an ASX-listed resources company focused on the exploration and development of metal assets. The company is part of the broader mining and metals sector, providing investors exposure to commodity markets through its portfolio of projects and listed securities.

Average Trading Volume: 732,669

Technical Sentiment Signal: Hold

Current Market Cap: A$5.05M

For an in-depth examination of C29 stock, go to TipRanks’ Overview page.

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