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Norfolk Metals Seeks ASX Quotation for Operator Fee Shares

Story Highlights
  • Norfolk Metals will list 760,209 new fully paid ordinary shares on the ASX as Operator Fee Shares to Transcendence.
  • The fee-related equity issue, approved at the November AGM, slightly increases share capital and dilutes existing shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Norfolk Metals Seeks ASX Quotation for Operator Fee Shares

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

Norfolk Metals Ltd has applied to the ASX for quotation of 760,209 fully paid ordinary shares, issued as Operator Fee Shares to Transcendence (or its nominees) following shareholder approval at the company’s 27 November 2025 annual general meeting. The new securities, to be quoted under the code NFL from 24 December 2025, represent a fee-related equity issue that modestly increases the company’s share capital and formalises previously approved compensation arrangements with the operator, with limited immediate operational impact but incremental dilution for existing shareholders.

More about Norfolk Metals Ltd.

Average Trading Volume: 246,539

Technical Sentiment Signal: Sell

Current Market Cap: A$8.8M

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