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Minerals Exploration Limited Seeks ASX Quotation for 2.3 Million New Shares

Story Highlights
  • Minerals Exploration Limited has applied to quote 2.3 million new fully paid ordinary shares on the ASX.
  • The additional shares expand MEX’s equity base, supporting exploration funding and affecting shareholder dilution and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Minerals Exploration Limited Seeks ASX Quotation for 2.3 Million New Shares

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The latest update is out from Uvre Ltd. ( (AU:MEX) ).

Minerals Exploration Limited has applied for quotation on the ASX of 2.3 million new fully paid ordinary shares, issued on 19 December 2025, following the exercise of options or conversion of other securities. The additional quoted shares modestly expand the company’s equity base, potentially improving trading liquidity and providing further capital to support its ongoing minerals exploration activities, with implications for existing shareholders’ dilution and the company’s funding flexibility.

More about Uvre Ltd.

Minerals Exploration Limited, listed on the ASX under the code MEX, operates in the minerals exploration sector, focusing on identifying and developing mineral resource opportunities. As an exploration company, it raises capital through equity markets to fund exploration activities and project advancement.

Average Trading Volume: 628,626

Technical Sentiment Signal: Buy

For an in-depth examination of MEX stock, go to TipRanks’ Overview page.

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