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Westar Resources Ltd. ( (AU:WSR) ) has shared an announcement.
Westar Resources Ltd has applied to the ASX for quotation of 38 million new ordinary fully paid shares (ASX code: WSR), issued on 24 December 2025 following shareholder approval at its 2025 annual general meeting. The additional securities expand the company’s quoted share capital and reflect a capital-raising or incentive-related issuance that may impact existing shareholders through dilution while providing Westar with increased financial flexibility to pursue its operational and strategic objectives.
More about Westar Resources Ltd.
Westar Resources Ltd is an Australian-listed resources company (ASX: WSR). While this announcement does not detail its specific commodities or projects, the company operates in the mining and exploration sector and accesses equity markets via ordinary fully paid shares listed on the ASX to fund its activities and growth plans.
Average Trading Volume: 1,254,514
Technical Sentiment Signal: Sell
Current Market Cap: A$2.75M
For an in-depth examination of WSR stock, go to TipRanks’ Overview page.