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Purifloh Limited ( (AU:PO3) ) has shared an announcement.
Purifloh Limited has announced a General Meeting for its shareholders to discuss several key resolutions, including the issuance of placement shares and participation of directors in the share placement. The company is seeking shareholder approval to issue up to 8,000,000 shares to investors and additional shares to directors and a former director as part of compensation or investment agreements. This announcement is critical as the company faces a deadline for resumption of trading in its securities and intends to seek an extension from ASX. The outcome of this meeting and the extension request could significantly impact Purifloh Limited’s market operations and its shareholders’ interests.
More about Purifloh Limited
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.35M
See more insights into PO3 stock on TipRanks’ Stock Analysis page.
