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Xstate issues 68 million unlisted options exercisable at $0.04

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Xstate issues 68 million unlisted options exercisable at $0.04

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An announcement from Xstate Resources Limited ( (AU:XST) ) is now available.

Xstate Resources Limited (ASX: XST) is an Australian-listed resources company engaged in mineral exploration and development. The company has issued 68,046,402 unlisted options exercisable at $0.04 each until 17 December 2029 as part of previously announced transactions; the options are unquoted and, if exercised, would dilute existing shareholders but provide a potential source of future capital and align incentives for option holders and other stakeholders.

More about Xstate Resources Limited

YTD Price Performance: -15.00%

Average Trading Volume: 4,667,718

Technical Sentiment Signal: Sell

Current Market Cap: A$4.91M

For an in-depth examination of XST stock, go to TipRanks’ Overview page.

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