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Santa Fe Minerals Shareholders Approve Key Securities and Placement Resolutions

Story Highlights
  • Santa Fe Minerals shareholders approved issuing consideration securities to WIA Gold Ltd.
  • Investors also backed the placement of new shares, enabling planned funding steps.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santa Fe Minerals Shareholders Approve Key Securities and Placement Resolutions

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Santa Fe Minerals Ltd. ( (AU:SFM) ) has provided an update.

Santa Fe Minerals Limited has reported the results of its 7 January 2026 general meeting, where shareholders approved all resolutions put to the vote. The company received strong support via proxies and polls for the issue of consideration securities to WIA Gold Ltd and for the issue of placement shares to placement participants, with both resolutions passed by poll and no votes recorded against, clearing the way for the agreed securities issuances and associated funding and transaction steps to proceed.

The most recent analyst rating on (AU:SFM) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Santa Fe Minerals Ltd. stock, see the AU:SFM Stock Forecast page.

More about Santa Fe Minerals Ltd.

Santa Fe Minerals Limited is an Australia-based minerals exploration and development company listed on the ASX, focused on identifying and advancing resource projects, including gold-related assets, to create value for shareholders.

Average Trading Volume: 85,767

Technical Sentiment Signal: Buy

Current Market Cap: A$34.41M

See more insights into SFM stock on TipRanks’ Stock Analysis page.

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