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Odessa Minerals Announces Expiry of Substantially Out-of-the-Money Options

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Odessa Minerals Announces Expiry of Substantially Out-of-the-Money Options

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Odessa Minerals Limited ( (AU:ODE) ) just unveiled an update.

Odessa Minerals Limited announced the expiry of 117,826,087 quoted options, exercisable at $0.025, on September 28, 2025. The options are substantially out of the money, and as a result, expiry notices will not be sent to holders. The last closing market price of the shares was $0.006, indicating that the options are unlikely to be exercised, potentially impacting the company’s financial strategy and stakeholder expectations.

More about Odessa Minerals Limited

Odessa Minerals Ltd (ASX: ODE) is an ASX-listed company that holds exploration licenses over 894 square kilometers of highly prospective land in the Gascoyne region of Western Australia. The company is focused on creating shareholder value through the discovery, exploration, and development of mining projects in tier-one locations.

Current Market Cap: A$11.2M

For an in-depth examination of ODE stock, go to TipRanks’ Overview page.

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