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An announcement from Alicanto Minerals ( (AU:AQI) ) is now available.
Alicanto Minerals Limited has issued 76 million fully paid ordinary shares at A$0.04 each, raising approximately A$3 million in the first tranche of its Placement. The company plans to issue a second tranche of up to 4.125 million shares, pending shareholder approval, to raise an additional A$165,000. This capital raising effort is part of Alicanto’s strategy to enhance its financial position and support its ongoing operations.
More about Alicanto Minerals
Alicanto Minerals Limited is a company operating in the mining industry, primarily focused on mineral exploration and development. The company is listed on the Australian Securities Exchange under the ticker AQI.
Average Trading Volume: 817,158
Technical Sentiment Signal: Buy
Current Market Cap: A$35.62M
For detailed information about AQI stock, go to TipRanks’ Stock Analysis page.