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Norfolk Metals Limited Announces Proposed Securities Issue

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Norfolk Metals Limited Announces Proposed Securities Issue

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Norfolk Metals Ltd. ( (AU:NFL) ) just unveiled an announcement.

Norfolk Metals Limited has announced a proposed issue of securities, including 500,000 unquoted options and 11,425,000 ordinary fully paid shares, with the issue date set for May 21, 2025. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the ASX, which could potentially enhance its market presence and provide additional capital for its operations.

More about Norfolk Metals Ltd.

YTD Price Performance: 27.55%

Average Trading Volume: 92,402

Technical Sentiment Signal: Sell

See more data about NFL stock on TipRanks’ Stock Analysis page.

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