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New Age Exploration Issues Unquoted Securities to Strengthen Financial Position

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New Age Exploration Issues Unquoted Securities to Strengthen Financial Position

Confident Investing Starts Here:

An announcement from New Age Exploration Limited ( (AU:NAE) ) is now available.

New Age Exploration Limited announced the issuance of 202,500,000 unquoted securities, set to expire on December 21, 2026, with an exercise price of $0.012. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, indicating a strategic move to bolster its financial position and potentially enhance its exploration capabilities.

More about New Age Exploration Limited

New Age Exploration Limited operates in the exploration industry, focusing on the discovery and development of mineral resources. The company is primarily engaged in identifying and exploring mineral deposits, with a particular emphasis on unquoted equity securities in the mining sector.

Current Market Cap: A$7.98M

Learn more about NAE stock on TipRanks’ Stock Analysis page.

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