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The latest update is out from Element 25 Limited ( (AU:E25) ).
Element 25 Limited has called an extraordinary general meeting of shareholders to be held on 23 June 2026 in Osborne Park, Western Australia. The meeting will consider an ordinary resolution to ratify the prior issue of 34,602,414 shares, which were issued without prior shareholder approval but within ASX Listing Rule 7.1 limits.
By seeking shareholder ratification under Listing Rule 7.4, Element 25 aims to restore its capacity to issue up to 15% of its issued capital in new securities without further shareholder approval. The voting arrangements include exclusions for parties who participated in the share issue or are associated with them, ensuring that only non-conflicted shareholders determine whether the previous share issuance is ratified.
The most recent analyst rating on (AU:E25) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Element 25 Limited stock, see the AU:E25 Stock Forecast page.
More about Element 25 Limited
Element 25 Limited is an Australian company listed on the ASX that is engaged in resource development and related activities. The company has a shareholder base to which it issues ordinary shares and operates within the regulatory framework of the Australian securities market.
Average Trading Volume: 321,097
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$87.97M
For an in-depth examination of E25 stock, go to TipRanks’ Overview page.