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Paterson Resources Seeks ASX Quotation for 22.2 Million New Shares

Story Highlights
  • Paterson Resources will list 22,222,222 new fully paid ordinary shares on the ASX.
  • The share issue expands PSL’s quoted capital and may affect funding flexibility and dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paterson Resources Seeks ASX Quotation for 22.2 Million New Shares

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The latest announcement is out from Paterson Resources ( (AU:PSL) ).

Paterson Resources Ltd has applied to the ASX for quotation of 22,222,222 new fully paid ordinary shares, to trade under its existing code PSL from 24 December 2025. The issuance, tied to previously announced transactions, modestly expands the company’s quoted share capital and may provide additional funding flexibility, with potential dilution for existing shareholders depending on the terms of the prior deal.

More about Paterson Resources

YTD Price Performance: 218.18%

Average Trading Volume: 919,089

Technical Sentiment Signal: Buy

Current Market Cap: A$18.42M

For detailed information about PSL stock, go to TipRanks’ Stock Analysis page.

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