Anax Metals Limited ( (AU:ANX) ) has issued an announcement.
Anax Metals Limited has issued a total of 6,355,825 fully paid ordinary shares, with 4,809,433 shares allocated to Jetosea Pty Ltd for interest charges and 1,546,392 shares to Corporate Storytime Pty Ltd for investor relations services. This strategic move, executed under ASX Listing Rule 7.1, is aimed at conserving cash and reflects the company’s commitment to managing its financial resources efficiently, which could impact its operational liquidity and stakeholder relations positively.
More about Anax Metals Limited
Anax Metals Limited is a company in the mining industry, primarily involved in the exploration and development of mineral resources. Its market focus includes enhancing the value of mineral deposits through innovative and sustainable practices.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.31M
Learn more about ANX stock on TipRanks’ Stock Analysis page.
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