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Advance Metals Limited Announces Proposed Securities Issue

Story Highlights
  • Advance Metals plans to issue 6,500,000 options and 3,500,000 performance rights.
  • This securities issue aims to strengthen the company’s financial resources and market position.
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Advance Metals Limited Announces Proposed Securities Issue

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Pacific American Holdings Ltd. ( (AU:AVM) ) has shared an update.

Advance Metals Limited has announced a proposed issue of securities, including 6,500,000 two-year options exercisable at $0.15 per option and 3,500,000 performance rights. The proposed issue date is set for November 28, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning by enhancing its financial resources and operational capabilities.

More about Pacific American Holdings Ltd.

Average Trading Volume: 6,762,324

Technical Sentiment Signal: Buy

Current Market Cap: A$44.85M

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

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