Alara Resources Limited (AU:AUQ) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Alara Resources Limited has pledged not to issue new securities under its recent rights issue without panel approval and will keep subscription funds separate and in trust for subscribers. This move comes as the company responds to an application regarding its financial proceedings. The undertaking aims to ensure transparency and protect investor interests during the review period.
For further insights into AU:AUQ stock, check out TipRanks’ Stock Analysis page.