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Desoto Resources Ltd. ( (AU:DES) ) has provided an announcement.
Desoto Resources Ltd. has announced a proposed issue of securities, specifically 923,012 ordinary fully paid shares, to be issued on September 4, 2026. This move is part of a placement or other type of issue, and the company is seeking approval for these securities to be quoted on the Australian Securities Exchange (ASX). The announcement indicates an effort by Desoto Resources to potentially raise capital or expand its shareholder base, which could impact its market position and offer new opportunities for stakeholders.
More about Desoto Resources Ltd.
Average Trading Volume: 416,353
Technical Sentiment Signal: Buy
Current Market Cap: A$36.41M
For a thorough assessment of DES stock, go to TipRanks’ Stock Analysis page.