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New Age Exploration Seeks ASX Quotation for 1.6 Billion New Options

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New Age Exploration Seeks ASX Quotation for 1.6 Billion New Options

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

New Age Exploration Limited has applied to the ASX for quotation of a new class of options, as detailed in a New Options Prospectus lodged with the exchange on 5 February 2026. The company plans to list 1,606,500,000 options exercisable at A$0.012 on or before 21 December 2026, a substantial issue that, once quoted, could materially expand its listed securities base and provide a potential future source of capital if holders choose to exercise the options.

The most recent analyst rating on (AU:NAE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on New Age Exploration Limited stock, see the AU:NAE Stock Forecast page.

More about New Age Exploration Limited

Current Market Cap: A$12.62M

See more insights into NAE stock on TipRanks’ Stock Analysis page.

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