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Quantum Graphite Issues 1.15 Million New Shares on Option Conversion

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Quantum Graphite Issues 1.15 Million New Shares on Option Conversion

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Quantum Graphite Ltd ( (AU:QGL) ) has issued an update.

Quantum Graphite Limited has issued 1,152,000 new fully paid ordinary shares following the exercise or conversion of previously unquoted options or other convertible securities. The additional equity, notified via an Appendix 3G filing to the ASX, modestly expands the company’s share base and reflects the crystallisation of earlier equity-linked incentives or funding arrangements, resulting in increased quoted capital for existing and prospective shareholders.

More about Quantum Graphite Ltd

Average Trading Volume: 69,006

Technical Sentiment Signal: Sell

Current Market Cap: A$124.2M

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

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