tiprankstipranks
Trending News
More News >

Strata Minerals Completes Share Issue to Topdrill

Story Highlights
  • Strata Minerals issued 703,679 shares to Topdrill under a drill for equity agreement.
  • The share issue strengthens Strata’s operations and complies with the Corporations Act.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Strata Minerals Completes Share Issue to Topdrill

Elevate Your Investing Strategy:

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

Strata Minerals Limited has completed the issuance of 703,679 fully paid ordinary shares to Topdrill as part of a drill for equity agreement. This issuance, previously approved in a general meeting, signifies a strategic move to strengthen its operational capabilities and financial position. The company confirms compliance with relevant sections of the Corporations Act, ensuring transparency and adherence to regulatory standards.

More about Nickelx Ltd

Strata Minerals Limited is an Australian exploration company listed on the ASX, focusing on acquiring, exploring, and developing mineral projects in world-class jurisdictions. The company primarily targets the Penny South Gold Project in Western Australia, the Elliot Lake Uranium Project, which is prospective for uranium and rare earths, and the Biranup Project, which is prospective for gold.

Average Trading Volume: 2,444,199

Technical Sentiment Signal: Sell

Current Market Cap: A$3.42M

Learn more about SMX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1