Krakatoa Resources Ltd. ( (AU:KTA) ) has provided an update.
Krakatoa Resources Ltd. has issued 30 million ordinary fully paid shares as of March 25, 2025, under Section 708A of the Corporations Act, without disclosure under Part 6D.2. This move indicates the company’s compliance with relevant provisions of the Corporations Act and suggests a strategic step in capital management, potentially impacting its financial structure and shareholder value.
More about Krakatoa Resources Ltd.
Krakatoa Resources Ltd. is a company operating in the resources sector, primarily focused on the exploration and development of mineral resources.
Average Trading Volume: 772,114
Technical Sentiment Signal: Buy
Current Market Cap: A$5.31M
Learn more about KTA stock on TipRanks’ Stock Analysis page.