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Larvotto Resources Issues New Shares Under Legal Exemption

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Larvotto Resources Issues New Shares Under Legal Exemption

Larvotto Resources Limited ( (AU:LRV) ) has shared an update.

Larvotto Resources Limited has issued 150,536 fully paid ordinary shares following the conversion of options at $0.30 per share, without disclosure under Part 6D.2 of the Corporations Act 2001. This move, announced under section 708A(5)(e) of the Act, allows the shares to be exempt from on-sale restrictions, indicating compliance with relevant legal provisions and ensuring transparency for stakeholders.

More about Larvotto Resources Limited

YTD Price Performance: 59.00%

Average Trading Volume: 4,572,087

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$325.7M

See more insights into LRV stock on TipRanks’ Stock Analysis page.

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