Nex Metals Plans Major Securities Placement

Nex Metals Explorations Ltd (AU:NME) has released an update.

Nex Metals Exploration Limited has announced a significant new placement, proposing the issue of 42,857,143 ordinary fully paid securities under the ASX code NME, with an expected issue date of September 17, 2024. This move aims to bolster the company’s capital and finance its exploration endeavors.

For further insights into AU:NME stock, check out TipRanks’ Stock Analysis page.