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Zenith Minerals Announces Proposed Issue of Unlisted Options

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Zenith Minerals Announces Proposed Issue of Unlisted Options

Confident Investing Starts Here:

An update from Zenith Minerals Limited ( (AU:ZNC) ) is now available.

Zenith Minerals Limited has announced a proposed issue of unlisted options, with a total of 44,218,925 securities to be issued. These options are exercisable at $0.077 and will expire on 31 July 2027, with the proposed issue date set for 11 July 2025. This move is part of a placement or other type of issue, potentially impacting the company’s financial strategy and market positioning.

More about Zenith Minerals Limited

Zenith Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production and exploration of various minerals, catering to markets that demand these resources.

YTD Price Performance: -2.50%

Average Trading Volume: 140,958

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$15.89M

See more data about ZNC stock on TipRanks’ Stock Analysis page.

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