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Unico Silver Seeks ASX Quotation for 7.77 Million New Shares

Story Highlights
  • Unico Silver has applied for ASX quotation of 7.77 million new fully paid ordinary shares.
  • These additional shares expand Unico Silver’s listed capital base, potentially boosting liquidity and supporting exploration funding needs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unico Silver Seeks ASX Quotation for 7.77 Million New Shares

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E2 Metals Ltd. ( (AU:USL) ) just unveiled an update.

Unico Silver Limited has applied to the Australian Securities Exchange for quotation of 7,770,000 new fully paid ordinary shares under the code USL, with an issue date of 23 January 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will expand the company’s listed share capital and may enhance liquidity for shareholders while signalling ongoing capital structuring and potential funding for its resource exploration activities.

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.

Unico Silver Limited is an ASX-listed company operating in the resources sector, with its primary business centred on the exploration and development of silver and related mineral assets for investors in the Australian securities market.

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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