High-Tech Metals Limited Issues New Shares Under Tranche 1 Placement

The latest update is out from High-Tech Metals Limited ( (AU:HTM) ).

High-Tech Metals Limited announced the issuance of 4,926,001 fully paid ordinary shares as part of Tranche 1 of its placement, initially announced in February 2025. This issuance allows the shares to be traded immediately under the exemption provided by section 708A(5) of the Corporations Act 2001, indicating compliance with necessary regulatory provisions and enhancing liquidity for stakeholders.

More about High-Tech Metals Limited

High-Tech Metals Limited operates in the high-tech metals industry, focusing on the production and distribution of advanced metal products. The company is listed on the Australian Securities Exchange under the code ‘HTM’.

YTD Price Performance: 56.25%

Average Trading Volume: 166,847

Technical Sentiment Signal: Sell

For an in-depth examination of HTM stock, go to TipRanks’ Stock Analysis page.