Pacific Bauxite Limited (AU:WYX) has released an update.
Pacific Bauxite Limited has announced the issuance of over 8 million fully paid ordinary shares and an additional 13 million unlisted options with varying expiry dates and exercise prices, following a series of corporate actions, including placements, director participation, and joint ventures. The shares were issued without disclosure under the Corporations Act, with the company affirming compliance with the relevant financial reporting and disclosure requirements. This strategic move is expected to strengthen the company’s financial standing and fund its ongoing and future projects.
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