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Thunderbird Resources ( (AU:XPD) ) has shared an update.
Xpedra Resources Limited, an ASX-listed resources company trading under ticker XPD, is focused on raising equity capital through the issuance of ordinary fully paid shares. The firm uses placements and similar capital-raising structures to fund operations and align with disclosure and quotation requirements set by the Australian Securities Exchange.
The company has announced a proposed placement of up to 44 million ordinary fully paid shares, with an intended issue date of April 30, 2026. This capital raising is expected to expand Xpedra Resources’ share base and provide additional funding flexibility, which may influence its future project financing capacity and the dilution profile for existing shareholders.
More about Thunderbird Resources
Xpedra Resources Limited, listed on the ASX under the code XPD, operates in the resources sector and issues ordinary fully paid shares as its primary equity securities. The company accesses capital markets through placements and other security issues to support its activities and maintain its listing obligations on the Australian Securities Exchange.
Average Trading Volume: 1,712,928
Technical Sentiment Signal: Sell
Current Market Cap: A$12.1M
Learn more about XPD stock on TipRanks’ Stock Analysis page.