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An update from PepinNini Minerals Limited ( (AU:PNN) ) is now available.
Power Minerals Limited has advised the market that 1,925,000 options, each exercisable at $0.50 and due to expire on 31 December 2025, have lapsed unexercised. The cessation of these options, formally notified via an Appendix 3H filing, results in a reduction of potential future share dilution and clarifies the company’s issued capital structure for investors and other stakeholders.
The most recent analyst rating on (AU:PNN) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on PepinNini Minerals Limited stock, see the AU:PNN Stock Forecast page.
More about PepinNini Minerals Limited
Power Minerals Limited (ASX: PNN) is an Australian-listed resources company operating in the minerals sector. The company is involved in the exploration and development of mineral projects, with its securities traded on the Australian Securities Exchange under the code PNN.
Average Trading Volume: 4,780,166
Technical Sentiment Signal: Sell
Current Market Cap: A$23.1M
Learn more about PNN stock on TipRanks’ Stock Analysis page.