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Andromeda Metals Announces Quotation of New Securities on ASX

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Andromeda Metals Limited ( (AU:ADN) ) has provided an announcement.

Andromeda Metals Limited has announced the quotation of 384,615,385 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s capital structure and potentially improve its market position, providing stakeholders with increased liquidity and investment opportunities.

More about Andromeda Metals Limited

Andromeda Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and processing of minerals, with a market focus on expanding its resource base and enhancing its production capabilities.

Average Trading Volume: 28,942,436

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$41.12M

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

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