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Larvotto Resources Issues New Shares Under Corporations Act Exemption
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Larvotto Resources Issues New Shares Under Corporations Act Exemption

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Larvotto Resources Limited ( (AU:LRV) ) just unveiled an update.

Larvotto Resources Limited has issued 62,664 fully paid ordinary shares following the conversion of options priced at $0.30 per share, in accordance with section 708A of the Corporations Act 2001. This issuance was conducted without the need for disclosure under Part 6D.2 of the Act, and the shares are now exempt from on-sale restrictions, aligning with the company’s compliance with relevant legislative provisions.

More about Larvotto Resources Limited

Larvotto Resources Limited operates in the resources sector, focusing on the exploration and development of mineral assets. The company is listed on the Australian Securities Exchange (ASX) under the ticker LRV and on the TGAT under K6X.

YTD Price Performance: 31.31%

Average Trading Volume: 4,318,768

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$265.9M

For detailed information about LRV stock, go to TipRanks’ Stock Analysis page.

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