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The latest announcement is out from Charger Metals NL ( (AU:CHR) ).
Charger Metals NL has confirmed that 33,764,699 partly paid shares have transitioned from the CHRCA class to a new CHRCB class following payment of a $0.02 call per CHRCA share, delivering approximately $675,294 in additional cash to the company at a 79% uptake. The remaining 8,944,061 CHRCA partly paid shares, which are now de-listed, can still be paid up by shareholders until 14 January 2026, after which any unpaid shares will be forfeited, auctioned on 16 January 2026, and subsequently dealt with under the company’s constitution, affecting the final composition of the company’s capital base and potentially the liquidity of its partly paid securities.
More about Charger Metals NL
Charger Metals NL is an Australian-listed company on the ASX focused on mineral exploration and development, with its activities funded in part through equity structures that include partly paid shares. The company operates within the resources sector and uses capital raisings to support its ongoing exploration and corporate objectives.
Average Trading Volume: 248,784
Technical Sentiment Signal: Buy
Current Market Cap: A$9.06M
See more insights into CHR stock on TipRanks’ Stock Analysis page.