AuKing Mining Ltd (AU:AKN) has released an update.
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AuKing Mining Ltd has disclosed a breach of ASX Listing Rule 7.1 due to an oversight in issuing shares for their Grand Codroy uranium/copper project acquisition. As a result, the company is temporarily restricted from issuing new securities without shareholder approval until March 2025. AuKing is implementing measures to prevent future compliance issues.
For further insights into AU:AKN stock, check out TipRanks’ Stock Analysis page.