tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Xstate Resources Limited Announces New Options and Share Offerings

Story Highlights
Xstate Resources Limited Announces New Options and Share Offerings

Claim 50% Off TipRanks Premium and Invest with Confidence

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

Xstate Resources Limited has announced a prospectus offering new options and shares to raise capital. The company is offering up to 86,899,977 new options to placement participants, 10,000,000 new options to certain contractors, and 1,000 new shares at $0.022 each. This move aims to satisfy financial obligations and potentially strengthen the company’s financial position.

More about Xstate Resources Limited

YTD Price Performance: -5.00%

Average Trading Volume: 4,843,147

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$5.64M

Find detailed analytics on XST stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1