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Yugo Metals Seeks ASX Quotation for 323,000 New Ordinary Shares

Story Highlights
  • Yugo Metals has applied to quote 323,000 new ordinary fully paid shares on the ASX.
  • The newly issued shares result from exercised or converted securities, slightly increasing equity and shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yugo Metals Seeks ASX Quotation for 323,000 New Ordinary Shares

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The latest update is out from Lykos Metals Limited ( (AU:YUG) ).

Yugo Metals Limited, listed on the ASX under the code YUG, has applied to have additional ordinary fully paid shares quoted on the exchange, expanding its listed equity base.

The company has requested quotation for 323,000 new ordinary fully paid shares issued on 21 January 2026, arising from the exercise or conversion of existing options or other convertible securities, a move that marginally increases its free float and could modestly impact existing shareholders’ dilution and trading liquidity.

More about Lykos Metals Limited

Average Trading Volume: 704,899

Technical Sentiment Signal: Buy

Current Market Cap: A$19.85M

For a thorough assessment of YUG stock, go to TipRanks’ Stock Analysis page.

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