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Many Peaks Minerals Seeks Quotation of 2.5 Million New Shares on ASX

Story Highlights
  • Many Peaks Minerals is a listed mineral exploration company expanding its asset portfolio.
  • The company has applied to quote 2.5 million new ordinary shares on the ASX, increasing its capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Many Peaks Minerals Seeks Quotation of 2.5 Million New Shares on ASX

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The latest announcement is out from Many Peaks Gold Ltd. ( (AU:MPK) ).

Many Peaks Minerals Ltd has applied for quotation of 2.5 million new fully paid ordinary shares on the ASX, with an issue date of 24 December 2025. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s listed share capital and may enhance its funding flexibility and liquidity for ongoing mineral exploration and development activities.

The most recent analyst rating on (AU:MPK) stock is a Buy with a A$1.85 price target. To see the full list of analyst forecasts on Many Peaks Gold Ltd. stock, see the AU:MPK Stock Forecast page.

More about Many Peaks Gold Ltd.

Many Peaks Minerals Ltd is an Australian-listed resources company focused on mineral exploration and development. Trading under the ASX code MPK, it targets opportunities in the minerals sector, seeking to grow its asset base and advance projects within the mining and exploration industry.

Average Trading Volume: 264,512

Technical Sentiment Signal: Buy

Current Market Cap: A$112.3M

See more data about MPK stock on TipRanks’ Stock Analysis page.

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