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Nelson Resources Ltd. ( (AU:NES) ) has shared an announcement.
Nelson Resources Limited has called a general meeting of shareholders for 12:00pm AWST on 18 February 2026 in Perth, Western Australia, setting 16 February 2026 as the record date to determine voting eligibility. The meeting will ask shareholders to ratify a prior share placement of 541,666,667 shares issued under ASX Listing Rules 7.1 and 7.1A, and to approve the potential issue of up to 135,416,667 placement options, moves that aim to preserve the company’s placement capacity under the ASX rules and facilitate future capital-raising flexibility for its ongoing operations.
The most recent analyst rating on (AU:NES) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nelson Resources Ltd. stock, see the AU:NES Stock Forecast page.
More about Nelson Resources Ltd.
Nelson Resources Limited is an Australian-listed company, with its shares traded on the ASX and its shareholder base governed under the Corporations Regulations 2001 (Cth). The company operates from Perth, Western Australia, and raises capital through share placements and related equity securities in line with ASX Listing Rules, indicating a reliance on equity markets to fund its activities, which are typical for smaller resources-sector entities.
Current Market Cap: A$13.69M
For detailed information about NES stock, go to TipRanks’ Stock Analysis page.