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Alicanto Minerals Ltd. ( (AU:AQI) ) has provided an update.
Alicanto Minerals Ltd has announced the issuance of 5,500,002 fully paid ordinary shares at $0.03 each to its directors or their nominees, raising approximately $165,000 before costs. This move follows shareholder approval at a recent General Meeting, as part of Tranche 2 of the company’s placement strategy, aiming to strengthen its financial position and operational capabilities. The company has complied with the necessary legal provisions and there are no undisclosed exclusions impacting this issuance.
More about Alicanto Minerals Ltd.
Alicanto Minerals Ltd is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker AQI.
YTD Price Performance: -2.70%
Average Trading Volume: 545,859
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$30.34M
See more insights into AQI stock on TipRanks’ Stock Analysis page.
