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AusQuest Limited Proposes New Securities Issue

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AusQuest Limited Proposes New Securities Issue

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AusQuest Limited ( (AU:AQD) ) has issued an announcement.

AusQuest Limited has announced a proposed issuance of up to 32,777,780 ordinary fully paid securities, with the issue date set for April 11, 2025. This move is part of a placement or other type of issue, which could impact the company’s operational funding and potentially enhance its market positioning by raising capital for exploration activities.

More about AusQuest Limited

AusQuest Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in discovering and developing mineral deposits, with a market focus likely on commodities such as base metals and precious metals.

YTD Price Performance: 79.17%

Average Trading Volume: 22,296,138

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$49.77M

See more insights into AQD stock on TipRanks’ Stock Analysis page.

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