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Lykos Metals Announces Expiry and New Issuance of Options

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Lykos Metals Announces Expiry and New Issuance of Options

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Lykos Metals Limited ( (AU:LYK) ) has issued an announcement.

Lykos Metals Limited announced the expiration of 50,000,000 quoted options (ASX:LYKOA), which are currently out of the money, on June 11, 2025. The company plans to issue up to 100,000,000 new options, subject to shareholder approval, to allow current option holders to continue participating in the company’s development, reflecting a strategic move to maintain investor engagement and support its growth initiatives.

More about Lykos Metals Limited

Lykos Metals Limited operates in the metals industry, focusing on the development and management of metal resources. The company is involved in the exploration and production of various metal products, aiming to enhance its market presence and offer value to its stakeholders.

Average Trading Volume: 284,242

Technical Sentiment Signal: Sell

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

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