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Charger Metals NL ( (AU:CHR) ) has provided an update.
Charger Metals NL has issued 11,725,538 fully paid ordinary shares under a previously announced placement and has provided the required notice under Section 708A of the Corporations Act. The company confirmed that the shares were issued without a disclosure document, that it is compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information to be disclosed, signalling procedural transparency around the capital raising for current and prospective investors.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
More about Charger Metals NL
Charger Metals NL is an Australian-listed company operating in the resources sector, focused on the exploration and development of mineral projects. The company is headquartered in West Perth, Western Australia, and its activities centre on advancing its portfolio of exploration assets to create value for shareholders in the mining and commodities market.
Average Trading Volume: 644,775
Technical Sentiment Signal: Buy
Current Market Cap: A$13.35M
Learn more about CHR stock on TipRanks’ Stock Analysis page.