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Xenitra Plans Major Share and Option Issue to Expand Capital Base

Story Highlights
  • Xenitra will issue 431.7 million shares and 238.3 million options in a new placement.
  • The large equity issue expands Xenitra’s capital base and may dilute existing shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xenitra Plans Major Share and Option Issue to Expand Capital Base

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AuMake Ltd. ( (AU:XEN) ) has issued an announcement.

Xenitra Limited has notified the ASX of a proposed capital raising through the issue of 431,666,667 new fully paid ordinary shares and 238,333,333 options exercisable at $0.004 and expiring on April 2, 2028. The securities are to be issued via a placement or similar structure, with a proposed issue date of May 15, 2026, and Xenitra has applied for quotation of the new securities in line with ASX listing rules, signaling a significant expansion of its capital base and potential dilution for existing shareholders.

More about AuMake Ltd.

Xenitra Limited, listed on the ASX under the code XEN, operates as a publicly traded company in Australia. While the announcement does not specify its sector or products, the company is active in the capital markets and uses equity placements and options issues as part of its financing and corporate development activities.

Current Market Cap: A$15.45M

For detailed information about XEN stock, go to TipRanks’ Stock Analysis page.

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