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Adelong Gold Limited Addresses ASX Inquiry on Transaction Disclosure

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  • Adelong Gold Limited clarified the material impact of a proposed transaction on its securities.
  • The company ensured compliance with ASX rules and confirmed board approval of disclosures.
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Adelong Gold Limited Addresses ASX Inquiry on Transaction Disclosure

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The latest update is out from 3D Resources Limited ( (AU:ADG) ).

Adelong Gold Limited (ASX: ADG) responded to an inquiry from the Australian Securities Exchange regarding the disclosure of a proposed transaction involving the acquisition of an asset. The company confirmed that the information regarding the transaction and associated exploration results were material to its securities’ price. ADG initially withheld this information as negotiations were incomplete but disclosed it once terms were finalized. The company assured compliance with ASX listing rules and confirmed that its board or delegated authority approved the responses.

More about 3D Resources Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$8.38M

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

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