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Strickland Metals Ltd ( (AU:STK) ) has issued an update.
Strickland Metals will release 379,777,778 fully paid ordinary shares from voluntary escrow on 1 January 2026, 18 months after their issue, with no change to the company’s total issued capital as the shares are already quoted on the ASX. These escrowed shares were originally issued to ISIHC Ltd as part of the consideration for Strickland’s acquisition of the Rogozna Project completed on 1 July 2024, meaning that from early 2026 a substantial block of stock associated with that transaction will become freely tradeable, potentially affecting liquidity and share ownership dynamics in the market.
The most recent analyst rating on (AU:STK) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Strickland Metals Ltd stock, see the AU:STK Stock Forecast page.
More about Strickland Metals Ltd
Strickland Metals Limited is an Australian-listed resources company focused on mineral exploration and project development, with its securities quoted on the ASX under the code STK. The company has been growing its portfolio through acquisitions, including securing a 100% interest in the Rogozna Project in 2024.
Average Trading Volume: 4,154,347
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$446.2M
See more insights into STK stock on TipRanks’ Stock Analysis page.