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Askari Metals Limited ( (AU:AS2) ) has provided an update.
Askari Metals Limited has completed the issuance of 7,721,158 fully paid ordinary shares, with a portion of these shares issued under ASX Listing Rules and prior shareholder approval. The company has adhered to the necessary compliance regulations of the Corporations Act without any undisclosed information required for the investors. This move is likely to support Askari’s ongoing exploration and development efforts, particularly in its strategic locations in Southern Africa, potentially enhancing its market position and investor confidence.
More about Askari Metals Limited
Askari Metals is a Southern African exploration company focused primarily on the development of its Uis Lithium Project in Namibia. The company is strategically positioned near the operational Uis Tin-Tantalum-Lithium Mine and has a strong location advantage due to proximity to essential infrastructure. Askari Metals is also expanding its portfolio with the acquisition of the Matemanga Uranium Project in Southern Tanzania and is exploring divestment strategies for its Australian projects, which include gold, copper, lithium, and REE projects.
YTD Price Performance: 0.0%
Average Trading Volume: 783,316
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$2.65M
See more data about AS2 stock on TipRanks’ Stock Analysis page.
