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Piedmont Lithium Issues New Shares and Utilizes Regulatory Exemption
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Piedmont Lithium Issues New Shares and Utilizes Regulatory Exemption

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Invest with Confidence:

Piedmont Lithium ( (AU:PLL) ) just unveiled an announcement.

Piedmont Lithium Inc. announced the issuance of 6,434 shares of common stock resulting from the conversion of Performance Stock Units. These securities are quoted on NASDAQ and can be converted into CHESS Depositary Interests on ASX. The company is utilizing an exemption under the Corporations Act for the sale of any resulting CDIs, maintaining compliance with relevant regulatory provisions.

More about Piedmont Lithium

Piedmont Lithium Inc. operates in the lithium industry, primarily focusing on the production and development of lithium resources. The company is listed on both NASDAQ and ASX, indicating its strategic market presence in both the United States and Australia.

YTD Price Performance: 11.11%

Average Trading Volume: 45,089

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $194.8M

Find detailed analytics on PLL stock on TipRanks’ Stock Analysis page.

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