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The latest announcement is out from Desert Minerals Ltd. ( (AU:DSM) ).
Desert Minerals Ltd has been admitted to the ASX and will begin trading on October 21, 2025, after raising $5 million through the issuance of 25 million shares at $0.20 each. This admission marks a significant step for the company, potentially enhancing its market presence and providing it with the capital needed to advance its exploration activities. The listing includes certain restricted securities, which will be held in escrow until October 2027, reflecting a strategic move to ensure long-term stability and growth.
More about Desert Minerals Ltd.
Desert Minerals Ltd is a company engaged in mineral exploration, focusing on discovering and developing mineral resources. The company is based in Australia and aims to capitalize on the country’s rich mineral deposits.
For detailed information about DSM stock, go to TipRanks’ Stock Analysis page.