An announcement from Pure Resources Limited ( (AU:PR1) ) is now available.
Pure Resources Limited has announced the expiration of 36,751,289 quoted options, exercisable at $0.25 per option, which will expire on 10 April 2025. The options are currently ‘out of the money,’ with the latest market price of the underlying shares at $0.099, significantly below the exercise price. This expiration could impact stakeholders as the options will lapse if not exercised, leaving holders without rights to these options.
More about Pure Resources Limited
Pure Resources Limited is focused on becoming a leading company in the battery metals sector on the ASX. The company aims to achieve this through its existing portfolio of nickel and copper assets, as well as by generating new projects or acquiring existing ones, with a strong interest in adding lithium, rare earths, or graphite to its portfolio.
YTD Price Performance: -23.08%
Average Trading Volume: 23,428
Technical Sentiment Consensus Rating: Strong Buy
See more insights into PR1 stock on TipRanks’ Stock Analysis page.