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SQX Resources Limited ( (AU:SQX) ) has provided an announcement.
SQX Resources Limited, listed on the ASX under the code SQX, has issued 30 million unquoted performance rights tied to milestones related to its AM6 Projects, with the securities not intended to be quoted on the exchange. The move, effective 7 January 2026, forms part of a previously announced transaction structure and is likely designed to align incentives with project performance, signalling management’s focus on advancing the AM6 Projects while potentially diluting existing holders if milestones are achieved.
The most recent analyst rating on (AU:SQX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on SQX Resources Limited stock, see the AU:SQX Stock Forecast page.
More about SQX Resources Limited
Average Trading Volume: 390,523
Technical Sentiment Signal: Buy
Current Market Cap: A$7.18M
Find detailed analytics on SQX stock on TipRanks’ Stock Analysis page.