Ora Banda Mining (AU:OBM) has released an update.
Ora Banda Mining Limited has issued over 1 million new shares at $0.36643 each to facilitate the termination of a royalty agreement with AustSino Resources Group Limited. Investors can trade these shares immediately due to an exemption under the Corporations Act. The issuance was conducted without the need for disclosure to investors as per regulatory compliance.
For further insights into AU:OBM stock, check out TipRanks’ Stock Analysis page.
