AuKing Mining Ltd Plans Major Securities Issue

AuKing Mining Ltd (AU:AKN) has released an update.

AuKing Mining Ltd has announced its intention to issue up to 60 million new securities, consisting of 40 million ordinary shares and 20 million options expiring in 2027 at $0.03 each. The proposed issue date is set for May 24, 2024, and is intended to be quoted on the ASX, subject to the exchange’s agreement.

For further insights into AU:AKN stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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