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The latest announcement is out from Alchemy Resources Limited ( (AU:ALY) ).
Alchemy Resources Limited has issued 10,000,000 fully paid ordinary shares as part of a placement announced earlier in October 2025. This issuance, conducted under section 708A of the Corporations Act 2001, aims to strengthen the company’s financial position and support its ongoing exploration activities. The announcement underscores Alchemy’s compliance with regulatory requirements and its strategic efforts to enhance its market presence.
More about Alchemy Resources Limited
Alchemy Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in the acquisition and advancement of various mineral projects.
Average Trading Volume: 6,410,743
Technical Sentiment Signal: Sell
Current Market Cap: A$11.78M
For a thorough assessment of ALY stock, go to TipRanks’ Stock Analysis page.