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Meeka Metals Expands Share Capital Through Option Conversion

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Meeka Metals Expands Share Capital Through Option Conversion

Meeka Gold Limited ( (AU:MEK) ) just unveiled an announcement.

Meeka Metals Limited, a company involved in the metals industry, announced the issuance of 4,100,000 fully paid ordinary shares following the conversion of unlisted options with varying exercise prices, resulting in proceeds totaling $356,000. This move, detailed in an Appendix 2A lodged with the ASX, signifies the company’s compliance with relevant provisions of the Corporations Act and reflects its ongoing efforts to strengthen its financial position and enhance shareholder value.

More about Meeka Gold Limited

YTD Price Performance: 105.00%

Average Trading Volume: 15,317

Technical Sentiment Signal: Sell

Current Market Cap: €226.8M

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

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