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Reach Resources Ensures Compliance Amidst Late Lodgement
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Reach Resources Ensures Compliance Amidst Late Lodgement

Story Highlights
  • Reach Resources issued Unlisted Options to directors, noting a late lodgement due to oversight.
  • The company assures stakeholders of strong compliance processes despite the isolated incident.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An update from Reach Resources Limited ( (AU:RR1) ) is now available.

Reach Resources Limited (RR1) announced a late lodgement of Appendix 3Y concerning the issuance of Unlisted Options to its directors due to an administrative oversight. Despite this, the company assured stakeholders that it has robust compliance procedures aligned with ASX Listing Rule 3.19B, and views the oversight as an isolated incident, committing to future adherence.

More about Reach Resources Limited

Reach Resources Limited operates within the financial services sector, focusing on providing investment options and resources geared towards market growth and sustainability.

Average Trading Volume: 1,399,705

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.12M

For a thorough assessment of RR1 stock, go to TipRanks’ Stock Analysis page.

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