Aurum Resources Limited ( (AU:AUE) ) has shared an announcement.
Aurum Resources Limited has issued a total of 495,797 fully paid ordinary shares following the conversion of MKG options deed agreements. This issuance, conducted without disclosure to investors, falls under the exemptions of the Corporations Act 2001, allowing secondary trading of these shares without the usual restrictions, potentially impacting the company’s liquidity and market activity.
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 issuance and management of shares and securities as part of its financial operations.
YTD Price Performance: 9.09%
Average Trading Volume: 1,059,404
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$80.85M
For an in-depth examination of AUE stock, go to TipRanks’ Stock Analysis page.