tiprankstipranks
Trending News
More News >

Desoto Resources Ltd. Announces General Meeting to Approve Share Issuances

Story Highlights

An update from Desoto Resources Ltd. ( (AU:DES) ) is now available.

Desoto Resources Ltd. has announced a general meeting to be held on April 28, 2025, in West Perth, WA. The meeting will address several resolutions, including the approval to issue consideration and deferred milestone shares to both unrelated and related parties, as well as placement shares to unrelated participants. Additionally, the company seeks approval to issue lead manager options to Euroz Hartleys. These resolutions are significant as they involve the issuance of a substantial number of shares, which could impact the company’s capital structure and stakeholder interests.

More about Desoto Resources Ltd.

YTD Price Performance: 25.00%

Average Trading Volume: 201,635

Technical Sentiment Signal: Sell

Find detailed analytics on DES stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App