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Pathfinder Resources Ltd ( (AU:BM8) ) has shared an announcement.
Battery Age Minerals Ltd announced that the performance milestones for 7,000,000 Performance Shares issued in November 2020 were not met within the required timeframe. As a result, these shares have been converted into 20 fully paid ordinary shares, in accordance with the terms outlined in their 2022 Prospectus. This conversion is part of the company’s compliance with its issuance conditions and may impact shareholder value and company operations.
The most recent analyst rating on (AU:BM8) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Pathfinder Resources Ltd stock, see the AU:BM8 Stock Forecast page.
More about Pathfinder Resources Ltd
Battery Age Minerals Ltd is a company in the minerals industry, primarily focused on the development and management of mineral resources. The company is involved in the exploration and production of battery-related minerals, catering to the growing demand in the energy storage and electric vehicle markets.
Average Trading Volume: 2,164,892
Technical Sentiment Signal: Buy
Current Market Cap: A$28.23M
For detailed information about BM8 stock, go to TipRanks’ Stock Analysis page.