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Classic Minerals Ltd. ( (AU:CLZ) ) has provided an update.
Classic Minerals Ltd has announced the expiry and cessation of 1,192,824 listed options (ASX code CLZAE) that were due to expire on 25 January 2026 with an exercise price of $0.6925 and were not exercised. The lapse of these options marginally reduces the company’s pool of potential future equity dilution but also removes a possible source of additional capital, slightly simplifying the company’s capital structure going forward.
More about Classic Minerals Ltd.
Classic Minerals Ltd is an Australian-listed resources company trading on the ASX under the code CLZ, operating in the minerals exploration and mining sector.
Average Trading Volume: 2,007,755
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.54M
For detailed information about CLZ stock, go to TipRanks’ Stock Analysis page.