Application for Quotation of New Securities
Summary
Patriot Resources has submitted an application for the quotation of 51,985,455 ordinary fully paid shares on the ASX. These shares are part of a previously announced transaction detailed in an Appendix 3B. The issue date for these securities is August 26, 2026, and they were issued at a price of AUD 0.055 per share. Following this quotation, the total number of quoted securities will be 345,161,594.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- 51,985,455 new shares to be quoted.
- Issue price per share is AUD 0.055.
- Total quoted securities post-quotation: 345,161,594.
- Further securities issuance includes 6,750,000 options.
Key Points
- Application for quotation of 51,985,455 new shares.
- Shares issued at AUD 0.055 each.
- Total quoted securities will be 345,161,594 post-quotation.
- Further issues of securities are planned, including options.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement includes specific details about securities issuance and requires some understanding of financial terms.
Share Price Reaction
Following the announcement, the share price moved from $0.0550 to $0.0490 over five trading days, representing a decreased of 10.9%.
- Price at announcement: $0.0550
- 1 day change: 0.00%
- 5 day change: -10.91%
- 30 day change: -9.09%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
