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ABx Group Withdraws Resolutions from Upcoming EGM

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ABx Group Withdraws Resolutions from Upcoming EGM

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The latest announcement is out from ABx Group Limited ( (AU:ABX) ).

ABx Group Limited announced the withdrawal of five resolutions from its upcoming Extraordinary General Meeting due to the ASX’s refusal to grant a waiver from specific listing rules concerning interest payments for Convertible Notes. Despite these withdrawals, the proxy forms and votes for the remaining resolutions remain unaffected. This decision reflects ABx’s compliance with ASX regulations, ensuring that the meeting proceeds smoothly with the adjusted agenda.

More about ABx Group Limited

ABx Group Limited, an Australian company, focuses on delivering materials for a cleaner future. The company’s primary projects include creating an ionic adsorption clay rare earth initiative in northern Tasmania and establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste through its ALCORE project. Additionally, ABx is involved in mining and enhancing bauxite resources for cement, aluminium, and fertiliser production, adhering to best practices and environmental stewardship.

YTD Price Performance: -2.44%

Average Trading Volume: 130,860

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$10.01M

See more data about ABX stock on TipRanks’ Stock Analysis page.

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