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Nickelx Ltd ( (AU:SMX) ) has provided an update.
Strata Minerals Limited has announced that 375,000 fully paid ordinary shares will be released from voluntary escrow on 7 May 2026, six months after their allotment. The company stated that this release will not affect its overall issued capital, indicating no immediate dilution for existing shareholders while modestly increasing the tradeable free float.
More about Nickelx Ltd
Strata Minerals Limited is an Australian ASX-listed mineral exploration company focused on acquiring, exploring and developing projects in world-class mining jurisdictions. The company is currently advancing a portfolio of high-potential gold assets in Western Australia, led by its Zelica, Penny South and Biranup Gold Projects.
Average Trading Volume: 524,634
Technical Sentiment Signal: Sell
Current Market Cap: A$7.07M
For a thorough assessment of SMX stock, go to TipRanks’ Stock Analysis page.