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The latest announcement is out from Stearman Resources, Inc. ( (TSE:STMN) ).
Stearman Resources Inc. has announced the acceleration of the expiry date for its 6 million share purchase warrants issued in January 2023. The acceleration was triggered by the company’s share price exceeding $0.075 for 10 consecutive trading days, leading to a new expiry date of September 20, 2025. This move requires warrant holders to exercise their warrants by the new deadline or risk expiration. The acceleration of the warrant expiry date could impact the company’s financial strategy and stakeholder decisions.
More about Stearman Resources, Inc.
Stearman Resources Inc. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties in Canada and the USA. The company owns a 100% interest in the NeoCore Uranium Property and holds an option for up to a 70% interest in the Murphy Lake uranium property, both located in the Athabasca Basin in northern Saskatchewan.
Average Trading Volume: 24,990
Technical Sentiment Signal: Buy
For a thorough assessment of STMN stock, go to TipRanks’ Stock Analysis page.