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Askari Metals Issues New Unquoted Securities

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Askari Metals Issues New Unquoted Securities

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Askari Metals Limited ( (AU:AS2) ) has shared an update.

Askari Metals Limited has announced the issuance of 20,937,500 unquoted securities in the form of options, exercisable at $0.022 and expiring on December 31, 2028. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy by providing additional capital for its operations.

More about Askari Metals Limited

Askari Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and sale of metals, with a particular emphasis on expanding its portfolio of mining projects.

YTD Price Performance: -16.67%

Average Trading Volume: 2,418,117

Technical Sentiment Signal: Buy

Current Market Cap: A$2.78M

For detailed information about AS2 stock, go to TipRanks’ Stock Analysis page.

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