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Adavale Resources Limited ( (AU:ADD) ) just unveiled an announcement.
Adavale Resources Limited has called a virtual general meeting for 10 June 2026, with shareholders able to participate and vote online via Zoom and the Computershare platform. The board has set 4.00 p.m. WST on 8 June 2026 as the record time for determining shareholder eligibility to vote.
At the meeting, shareholders will be asked to ratify prior share placements, approve a second tranche of placement shares, and authorise the issue of a large number of free attaching options. Investors will also vote on issuing placement shares and options to directors and related parties, decisions that could significantly increase the company’s capital base and dilute existing holdings.
More about Adavale Resources Limited
Average Trading Volume: 986,321
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$14.41M
For an in-depth examination of ADD stock, go to TipRanks’ Overview page.