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OzAurum Seeks ASX Quotation for 56.9 Million New Shares

Story Highlights
  • OzAurum Resources has applied to list 56.9 million new ordinary shares on the ASX.
  • The substantial share issue is set to expand quoted capital, with implications for dilution and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OzAurum Seeks ASX Quotation for 56.9 Million New Shares

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OzAurum Resources Ltd. ( (AU:OZM) ) has issued an update.

OzAurum Resources Limited has applied to the ASX for quotation of 56.9 million new ordinary fully paid shares under its existing issuer code OZM, effective 2 February 2026. The move significantly increases the company’s quoted share capital, signalling a material capital-raising or securities issuance that may affect ownership dilution, trading liquidity and market valuation once the new securities commence trading.

The most recent analyst rating on (AU:OZM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on OzAurum Resources Ltd. stock, see the AU:OZM Stock Forecast page.

More about OzAurum Resources Ltd.

Average Trading Volume: 942,599

Technical Sentiment Signal: Buy

Current Market Cap: A$24.06M

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

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