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Desoto Resources Ltd. ( (AU:DES) ) has issued an update.
Desoto Resources Ltd. announced a proposed issue of securities, including broker options priced at $0.00001 each, with an exercise price of $0.1138 and expiring in four years, alongside the issuance of 104,922,182 ordinary fully paid shares. This move is positioned to potentially enhance their capital structure and provide additional financial resources for their operations, possibly affecting their market position and stakeholder interests positively.
More about Desoto Resources Ltd.
Desoto Resources Ltd. operates in the resource sector, focusing on the exploration and development of mineral resources. Their primary products or services include the identification and extraction of valuable minerals, catering to markets that require such natural resources.
YTD Price Performance: 31.25%
Average Trading Volume: 110,968
Technical Sentiment Consensus Rating: Sell
See more data about DES stock on TipRanks’ Stock Analysis page.