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Iron Road Ltd Issues 2 Million New Shares on ASX

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Iron Road Ltd Issues 2 Million New Shares on ASX

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Iron Road Ltd ( (AU:IRD) ) has issued an update.

Iron Road Ltd has announced the issuance of 2,000,000 fully paid ordinary shares to be quoted on the Australian Securities Exchange (ASX) as of June 30, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market position, offering stakeholders an opportunity to invest in its growth initiatives.

More about Iron Road Ltd

Iron Road Ltd is a company involved in the mining industry, focusing on the exploration and development of iron ore projects. Its primary market focus is on leveraging its resources to meet the demands of the global steel production industry.

YTD Price Performance: -57.63%

Average Trading Volume: 218,726

Technical Sentiment Signal: Sell

Current Market Cap: A$20.72M

Learn more about IRD stock on TipRanks’ Stock Analysis page.

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