Queensland Pacific Metals Issues New Shares

Queensland Pacific Metals Ltd. (AU:QPM) has released an update.

Queensland Pacific Metals Ltd. (QPM) has announced the creation of 330,425 new shares following the conversion of performance rights on a one-for-one basis. The shares were issued without investor disclosure under specific sections of the Corporations Act, with the company confirming compliance with all necessary provisions of the Act and stating that there is no ‘excluded information’ currently undisclosed to the market. This strategic move could signal a phase of growth for the company, attracting attention from investors in the stock market.

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