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An announcement from Minbos Resources Limited ( (AU:MNB) ) is now available.
Minbos Resources Limited has applied to the ASX for quotation of a new class of listed options, with 117,864,951 options to be issued, each exercisable at $0.04 and expiring on 15 December 2028. The move significantly expands the company’s listed equity derivatives and provides a potential future capital-raising mechanism, giving investors additional leverage-based exposure to the company’s shares and signalling an effort to deepen liquidity and broaden its capital structure ahead of longer-term strategic objectives.
More about Minbos Resources Limited
Average Trading Volume: 1,531,530
Technical Sentiment Signal: Sell
Current Market Cap: A$22.95M
Learn more about MNB stock on TipRanks’ Stock Analysis page.