Metal Powder Works lodges cleansing notice for new securities issue

Metal Powder Works Limited ( (AU:MPW) ) has provided an announcement.

Metal Powder Works Limited has notified the ASX that it has issued new securities without a prospectus under the Corporations Act’s exemption provisions, in connection with securities previously disclosed in an Appendix 2A. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information that investors are unaware of as at the date of the notice, reinforcing regulatory compliance around its latest capital issuance.

The most recent analyst rating on (AU:MPW) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Metal Powder Works Limited stock, see the AU:MPW Stock Forecast page.

More about Metal Powder Works Limited

Metal Powder Works Limited is a Pittsburgh, U.S.-headquartered manufacturer specialising in high-quality metal powders for additive manufacturing and other advanced applications. The company has developed a patented non-thermal DirectPowder™ process that converts premium bar stock into powder across more than 16 materials, including high-strength aluminium, copper and copper nickel alloys, CP-Ti and Zircaloy, and was named Material Company of the Year in 2024 by the 3D Printing Industry Awards.

Average Trading Volume: 180,090

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$284.5M

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