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Stelar Metals Limited ( (AU:SLB) ) has issued an update.
Stelar Metals Limited has announced the expiry of 1,500,000 listed options (ASX code SLBAE) that were due to expire on 19 December 2025 with an exercise price of $0.50, which lapsed without being exercised. The cessation of these securities slightly simplifies the company’s capital structure and removes a potential source of future share dilution for existing shareholders, indicating no immediate capital inflow from option conversion but a cleaner issued capital profile going forward.
More about Stelar Metals Limited
Stelar Metals Limited (ASX: SLB) is an Australian-listed resources company operating in the mining and metals sector. The company’s activities and issued capital are regulated under ASX listing rules, and it actively manages its securities structure as part of its broader corporate and capital management strategy.
Average Trading Volume: 100,686
Technical Sentiment Signal: Buy
Learn more about SLB stock on TipRanks’ Stock Analysis page.