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Peako Limited Issues Unquoted Securities to Enhance Financial Position

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Peako Limited Issues Unquoted Securities to Enhance Financial Position

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Peako Limited ( (AU:PKO) ) has provided an announcement.

Peako Limited, trading under the ASX issuer code PKO, has announced the issuance of 304,633,537 unquoted securities with an expiry date set for February 28, 2027, and an exercise price of $0.0075. This move is part of a previously announced transaction aimed at strengthening Peako Limited’s financial position and supporting its operational objectives. The issuance of these securities is not expected to be quoted on the ASX, which may have implications for current and potential shareholders by affecting liquidity and investment strategies.

More about Peako Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.38M

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

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