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Desoto Resources Ltd. ( (AU:DES) ) has shared an update.
Desoto Resources Limited has announced a proposed issue of securities, with a maximum of 90,061,125 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for October 20, 2025. The announcement could impact the company’s market operations and stakeholder interests as it seeks to expand its capital base.
More about Desoto Resources Ltd.
Average Trading Volume: 460,986
Technical Sentiment Signal: Buy
Current Market Cap: A$33.61M
For a thorough assessment of DES stock, go to TipRanks’ Stock Analysis page.