PNX Metals Plans Major New Share Issue
Company Announcements

PNX Metals Plans Major New Share Issue

PNX Metals Limited (AU:PNX) has released an update.

PNX Metals Limited has announced a new securities issue, proposing the issuance of up to 474,590,036 fully paid ordinary shares. The anticipated issue date is set for April 22, 2024. This move by PNX Metals aims to attract investors and potentially enhance the company’s financial flexibility.

For further insights into AU:PNX stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App