Pacific Bauxite Limited ( (AU:WYX) ) just unveiled an update.
Western Yilgarn NL has announced a proposed issue of securities, specifically listed options with an exercise price of $0.10 and an expiry of three years from the issue date. The total number of securities proposed to be issued is 44,892,469, with the issue date set for May 30, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, pending approval. This issuance could potentially impact Western Yilgarn NL’s market positioning by increasing its capital base, which may be used for further development or expansion projects, thereby affecting stakeholders and investors.
More about Pacific Bauxite Limited
YTD Price Performance: 48.00%
Average Trading Volume: 255,255
Technical Sentiment Signal: Buy
Current Market Cap: A$4.62M
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