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Eagle Mountain Mining Ltd. ( (AU:EM2) ) has provided an announcement.
Eagle Mountain Mining Ltd has notified the ASX of the issue of 39,986,027 unquoted options, each expiring on 30 November 2028, under its existing capital management arrangements. The options, which are not intended to be quoted on the ASX and arise from transactions previously flagged to the market, represent a significant grant of potential future equity that may affect the company’s capital structure and dilution profile if exercised, and signals ongoing use of options as a tool for funding, incentives or strategic alignment with stakeholders.
The most recent analyst rating on (AU:EM2) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Eagle Mountain Mining Ltd. stock, see the AU:EM2 Stock Forecast page.
More about Eagle Mountain Mining Ltd.
Average Trading Volume: 2,569,955
Technical Sentiment Signal: Sell
Current Market Cap: A$16.93M
Find detailed analytics on EM2 stock on TipRanks’ Stock Analysis page.