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Lykos Metals Limited ( (AU:YUG) ) has provided an announcement.
Yugo Metals Limited has issued 666,667 fully paid ordinary shares following the conversion of an equal number of options exercisable at $0.02 and expiring on 2 July 2028, increasing its quoted share capital on the ASX. The company stated that these shares were issued without a prospectus under the Corporations Act, confirmed its compliance with continuous disclosure and reporting obligations, and noted that there is no excluded information relevant to the new securities, providing transparency and reassurance to existing and potential investors.
More about Lykos Metals Limited
Yugo Metals Limited is an Australian-listed company trading on the ASX under the ticker YUG. It has a class of fully paid ordinary shares quoted on the Australian Securities Exchange, indicating its primary focus on equity financing through listed securities, though the specific industry and operating activities are not detailed in the release.
Average Trading Volume: 649,520
Technical Sentiment Signal: Buy
Current Market Cap: A$31.74M
Learn more about YUG stock on TipRanks’ Stock Analysis page.