Aurum Resources Limited ( (AU:AUE) ) has issued an announcement.
Aurum Resources Limited has issued 1,500,000 fully paid ordinary shares following the conversion of options and an employee incentive plan. This issuance, conducted without disclosure under the Corporations Act 2001, allows for secondary trading under specific exemptions, indicating compliance with relevant legal provisions and potentially enhancing liquidity for stakeholders.
More about Aurum Resources Limited
Aurum Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is engaged in activities related to the extraction and management of natural resources, catering to markets that require these essential materials.
YTD Price Performance: 9.09%
Average Trading Volume: 1,059,404
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$80.85M
For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.