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Unico Silver Issues 7.77 Million Shares on Option Conversion

Story Highlights
  • Unico Silver issued 7,770,000 fully paid shares after converting unlisted options.
  • The company confirms regulatory compliance and no undisclosed material information on the issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unico Silver Issues 7.77 Million Shares on Option Conversion

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E2 Metals Ltd. ( (AU:USL) ) has provided an announcement.

Unico Silver Limited has issued 7,770,000 fully paid ordinary shares following the conversion of an equivalent number of unlisted options on 23 January 2026. The company states that the shares were issued without a prospectus under the Corporations Act’s disclosure exemptions, while confirming ongoing compliance with its financial reporting and continuous disclosure obligations and noting there is no excluded information that would need to be disclosed to the market, clarifying the regulatory status of the new securities for investors.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

More about E2 Metals Ltd.

Average Trading Volume: 5,053,405

Technical Sentiment Signal: Buy

Current Market Cap: A$659.7M

For an in-depth examination of USL stock, go to TipRanks’ Overview page.

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