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Yugo Metals Expands Share Capital Through Option Conversions

Story Highlights
  • Yugo Metals has issued 323,000 new fully paid shares from converted options, modestly increasing its ASX-quoted capital base.
  • The company asserts full compliance with reporting and disclosure rules and says no excluded information affects this share issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yugo Metals Expands Share Capital Through Option Conversions

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An announcement from Lykos Metals Limited ( (AU:YUG) ) is now available.

Yugo Metals Limited has issued 323,000 fully paid ordinary shares following the conversion of an equivalent number of listed options exercisable at $0.02 and expiring on 15 August 2028, expanding its quoted share capital on the ASX. The company confirmed that the new shares were issued without a disclosure document under the Corporations Act, while affirming its ongoing compliance with financial reporting and continuous disclosure obligations and stating that there is no excluded information, providing regulatory assurance to investors about the transparency of this capital change.

More about Lykos Metals Limited

Yugo Metals Limited (ASX:YUG) is an Australia-listed company in the metals sector, with its primary securities being fully paid ordinary shares and listed options traded on the Australian Securities Exchange.

Average Trading Volume: 704,899

Technical Sentiment Signal: Buy

Current Market Cap: A$19.85M

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

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