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Kuniko Ltd. ( (AU:KNI) ) has provided an update.
Kuniko Limited has requested a trading halt on its securities pending an announcement related to underwriting a portion of its Entitlement Offer. The trading halt will last until the start of normal trading on 8 September 2025, allowing time to complete the placement and institutional component of the accelerated rights issue. This move is expected to impact the company’s financial operations and market positioning.
More about Kuniko Ltd.
Kuniko Limited is involved in the development of projects focused on copper, nickel, cobalt, lithium, and other battery metals. The company is committed to ethical sourcing and aims for a net zero carbon footprint. Its operations are based in Norway, where 98% of electricity is sourced from renewable energy.
Average Trading Volume: 66,137
Technical Sentiment Signal: Sell
For an in-depth examination of KNI stock, go to TipRanks’ Overview page.