tiprankstipranks
Company Announcements

Larvotto Resources Issues New Shares Under Regulatory Exemption

Story Highlights
Larvotto Resources Issues New Shares Under Regulatory Exemption

Larvotto Resources Limited ( (AU:LRV) ) has provided an announcement.

Larvotto Resources Limited has issued 291,667 fully paid ordinary shares following the conversion of options at $0.30 per share, without requiring disclosure under the Corporations Act 2001. This issuance falls under the exemption provided by section 708A(5) of the Act, allowing the shares to be sold without disclosure restrictions, indicating compliance with relevant legal and regulatory requirements.

More about Larvotto Resources Limited

Larvotto Resources Limited is a company listed on the Australian Securities Exchange (ASX) and the Frankfurt Stock Exchange (TGAT). The company operates within the resources sector, focusing on the exploration and development of mineral resources.

YTD Price Performance: 75.76%

Average Trading Volume: 4,534,141

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$356.2M

See more data about LRV stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1