Pacific American Holdings Ltd. (AU:AVM) has released an update.
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Pacific American Holdings Ltd. has responded to the ASX’s queries regarding its recent share and options issue, affirming the validity of their Cleansing Notice despite a significant surge in stock price and trading volume following the announcement of high-grade gold assays at their Augustus Project. The company confirms compliance with ASX Listing Rules, specifically addressing concerns that they may have had prior undisclosed information, which they deny.
For further insights into AU:AVM stock, check out TipRanks’ Stock Analysis page.