OAR Resources Ltd (AU:OAR) has released an update.
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Oar Resources Limited has completed a 20:1 capital consolidation, simplifying its share structure and signaling its strategic focus on uranium projects in Namibia and Brazil. The company is also planning a name change to ‘Core Energy Minerals Ltd’ with a new ASX ticker code ‘CR3’. These moves aim to streamline operations and potentially enhance shareholder value.
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