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Nickelx Ltd ( (AU:SMX) ) just unveiled an update.
Strata Minerals Limited has applied to the ASX for quotation of 6,986,238 ordinary fully paid shares, designated under the code SMX. The new securities, issued on 26 February 2026 and linked to a previously announced transaction, will expand the company’s quoted capital base and may enhance liquidity for existing and new shareholders.
The application, lodged as a new announcement on 27 February 2026, follows prior disclosure via an Appendix 3B and reflects ongoing corporate activity within the company. The additional quoted shares could support Strata Minerals Limited’s funding flexibility and market presence as it advances its mineral projects and broader strategic initiatives.
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 mining sector. The company is focused on exploration and development of mineral assets, with its ordinary fully paid shares traded on the ASX under the ticker code SMX.
Average Trading Volume: 939,711
Technical Sentiment Signal: Hold
Current Market Cap: A$6.89M
For detailed information about SMX stock, go to TipRanks’ Stock Analysis page.