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Minerals 260 Limited ( (AU:MI6) ) has issued an announcement.
Minerals 260 Limited will see 83,333,333 fully paid ordinary shares released from escrow on 3 April 2026, following their issue to Norton Gold Fields as partial consideration for the Bullabulling Gold Project acquisition in April 2025. The company will apply for quotation of these shares on the ASX within five business days after their release, expanding its freely tradable share base and potentially increasing liquidity for existing and new investors.
The most recent analyst rating on (AU:MI6) stock is a Hold with a A$0.62 price target. To see the full list of analyst forecasts on Minerals 260 Limited stock, see the AU:MI6 Stock Forecast page.
More about Minerals 260 Limited
Minerals 260 Limited is an Australian-listed resources company focused on mineral exploration and project development. Its portfolio includes the Bullabulling Gold Project, acquired in part through share-based consideration, positioning the company within the gold sector and broader mining industry on the ASX.
Average Trading Volume: 9,855,204
Technical Sentiment Signal: Buy
Current Market Cap: A$1.39B
For an in-depth examination of MI6 stock, go to TipRanks’ Overview page.