Strata Minerals Calls February Shareholder Vote on Acquisition and Capital Raisings

Nickelx Ltd ( (AU:SMX) ) just unveiled an update.

Strata Minerals Limited has called a general meeting for 19 February 2026 in Perth, where shareholders of record as at 17 February will vote on a series of resolutions relating to share issues and corporate approvals. The agenda includes approval to issue 3,486,238 consideration shares to Kalgoorlie Gold Mining Limited as part payment for an acquisition, ratification of two prior share placements totalling over 55 million shares issued under ASX Listing Rules 7.1 and 7.1A, and approvals to issue additional placement shares to related parties, including directors Jonathan Downes, Peter Woods and Richard Monti. Collectively, the resolutions are aimed at regularising past capital raisings, facilitating completion of the acquisition and enabling further equity participation by key insiders, with implications for shareholder dilution, governance oversight and the company’s funding and growth strategy within the mining sector.

The most recent analyst rating on (AU:SMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Nickelx Ltd stock, see the AU:SMX Stock Forecast page.

More about Nickelx Ltd

Strata Minerals Limited is an Australian-listed resources company operating in the minerals and mining sector, with its shareholder base governed under the Corporations Regulations 2001 (Cth) and ASX Listing Rules. The company is convening a general meeting in Perth to seek shareholder approvals related to equity issues and a project acquisition, reflecting ongoing capital management and portfolio development activities common among junior and mid-tier miners in Western Australia.

Average Trading Volume: 748,991

Technical Sentiment Signal: Sell

Current Market Cap: A$7.2M

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