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New Age Exploration Limited ( (AU:NAE) ) has issued an announcement.
New Age Exploration Limited has announced a proposed issue of securities, including 81 million options expiring in December 2026 and 400 million fully paid ordinary shares. This move is aimed at raising capital, potentially enhancing the company’s financial position and supporting its exploration activities. The issuance is scheduled for March 14, 2025, and could have implications for the company’s market positioning and stakeholder interests.
More about New Age Exploration Limited
New Age Exploration Limited operates in the exploration industry, focusing on the development and exploration of mineral resources. The company is primarily engaged in identifying and advancing mineral projects with a particular emphasis on gold and coal assets.
Current Market Cap: A$10.78M
For a thorough assessment of NAE stock, go to TipRanks’ Stock Analysis page.
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