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OzAurum Resources Ltd. ( (AU:OZM) ) has provided an update.
OzAurum Resources Limited has issued 265,334 new fully paid ordinary shares following the exercise of options priced at $0.11 each. This move allows the newly issued shares to be traded immediately under the exemption provided by section 708A(5) of the Corporations Act, bolstering the company’s capital and potentially enhancing its market liquidity.
More about OzAurum Resources Ltd.
OzAurum Resources Limited operates in the resource extraction industry, focusing on mineral exploration and development. The company is primarily engaged in the discovery and development of gold mining projects in Australia.
YTD Price Performance: 316.67%
Average Trading Volume: 4,322,819
Technical Sentiment Consensus Rating: Sell
See more insights into OZM stock on TipRanks’ Stock Analysis page.
