Nexus Minerals Plans Massive Share Issuance

Nexus Minerals Ltd. (AU:NXM) has released an update.

Nexus Minerals Limited has announced a new securities issuance, proposing to issue a total of 98,965,031 ordinary fully paid shares under the ASX code NXM. The proposed issue date for these securities is set for September 12, 2024. This move aims to raise capital through a placement or other types of issues.

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