Aurum Resources Limited ( (AU:AUE) ) has issued an announcement.
Aurum Resources Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, following the issuance of 1,559,464 fully paid ordinary shares. These shares were issued as a result of the conversion of MKG options deed agreements and services rendered. The notice allows the shares to be sold under the exemption provided by the Act, ensuring compliance with regulatory requirements. This move is part of the company’s strategic efforts to manage its securities and maintain transparency with stakeholders.
More about Aurum Resources Limited
Aurum Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and management of mining projects, aiming to capitalize on market opportunities in the mineral sector.
YTD Price Performance: 7.58%
Average Trading Volume: 1,168,318
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$80.44M
For an in-depth examination of AUE stock, go to TipRanks’ Stock Analysis page.