Discovery Alaska Seeks ASX Quotation for 2 Million New Shares

Discovery Alaska Limited ( (AU:DAF) ) has shared an update.

Discovery Alaska Limited has applied to the ASX for quotation of 2,000,000 new fully paid ordinary shares, issued in connection with its Boulder Creek Gold-Silver Project. The securities, trading under the code DAF and dated 3 March 2026, expand the company’s listed capital base and reflect ongoing corporate activity tied to advancing its Alaskan precious metals asset.

The share quotation application formalizes the issuance announced in December 2025 and signals continued funding and structuring of the Boulder Creek project within the public markets. While financial terms are not detailed, the move marginally increases available equity, with potential implications for liquidity and the company’s capacity to support exploration and development initiatives at the project.

The most recent analyst rating on (AU:DAF) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Discovery Alaska Limited stock, see the AU:DAF Stock Forecast page.

More about Discovery Alaska Limited

Discovery Alaska Limited is an Australian-listed resources company focused on mineral exploration in Alaska. The company’s portfolio includes the Boulder Creek Gold-Silver Project, underpinning its exposure to precious metals exploration and potential resource development in the region.

Average Trading Volume: 200,276

Technical Sentiment Signal: Buy

Current Market Cap: A$4.87M

For a thorough assessment of DAF stock, go to TipRanks’ Stock Analysis page.