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Larvotto Resources Limited ( (AU:LRV) ) has provided an announcement.
Larvotto Resources Limited has issued 200,000 fully paid ordinary shares following the conversion of options at a price of $0.30 per share. This issuance is conducted without disclosure under Part 6D.2 of the Corporations Act, leveraging exemptions available under section 708A(5). This strategic move allows the company to facilitate the on-sale of these securities, aligning with regulatory compliance and maintaining transparency in their financial operations.
More about Larvotto Resources Limited
Larvotto Resources Limited is a company listed on the Australian Securities Exchange (ASX: LRV) and is involved in the resource industry, focusing on mining and exploration activities.
YTD Price Performance: 75.00%
Average Trading Volume: 4,474,367
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$339.6M
See more data about LRV stock on TipRanks’ Stock Analysis page.
