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Adavale Resources Corrects Director’s Interest Notice Post-Securities Consolidation

Story Highlights
  • Adavale Resources issued a Change of Director’s Interest Notice after a securities consolidation.
  • An error in a previous notice was corrected, with the company emphasizing compliance commitment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adavale Resources Corrects Director’s Interest Notice Post-Securities Consolidation

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Adavale Resources Limited ( (AU:ADD) ) has issued an announcement.

Adavale Resources Limited has issued a Change of Director’s Interest Notice following the completion of a securities consolidation. An administrative error was identified in a previous notice, which failed to include 5,833,333 options issued as part of a shareholder-approved placement. The company has addressed the error and maintains that it was an isolated incident, emphasizing its commitment to compliance with ASX disclosure obligations.

More about Adavale Resources Limited

Average Trading Volume: 702,137

Technical Sentiment Signal: Sell

Current Market Cap: A$3.66M

For an in-depth examination of ADD stock, go to TipRanks’ Overview page.

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