OAR Resources Ltd (AU:OAR) has released an update.
OAR Resources Limited has announced the issuance of 68,788,900 ordinary fully paid shares to be quoted on the ASX under the code OAR, dated June 07, 2024. This move comes as the company seeks to compensate various service providers through the issuance of shares rather than cash. The announcement signals an expansion of the company’s equity base and potential growth opportunities for investors.
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