Askari Metals Limited (AU:AS2) has released an update.
Askari Metals Limited has disclosed several breaches of ASX Listing Rule 3.10, due to administrative errors in notifying the ASX about the issuance and cancellation of securities, including Performance Rights and Shares. The company has acknowledged these oversights regarding its past securities transactions and has committed to rectifying the situation by lodging the necessary documents and ensuring future compliance. Additionally, Askari Metals has put measures in place to prevent such occurrences in the future, including a holding lock on certain Shares to control trading until compliance is achieved.
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