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Adavale Resources Limited Announces Virtual General Meeting for Capital Raising Resolutions

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Adavale Resources Limited Announces Virtual General Meeting for Capital Raising Resolutions

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Adavale Resources Limited ( (AU:ADD) ) has shared an update.

Adavale Resources Limited has announced a virtual general meeting scheduled for September 5, 2025, where shareholders will vote on several resolutions related to the issuance of shares and options. The resolutions include approving the issuance of placement options to unrelated participants, as well as shares and options to directors Allan Ritchie, Maurice Matich, and David Ward. Additionally, the company seeks approval to issue options to GBA Capital as the lead manager. These resolutions are aimed at facilitating capital raising efforts, which could impact Adavale’s financial strategy and stakeholder interests.

More about Adavale Resources Limited

Average Trading Volume: 1,219,293

Technical Sentiment Signal: Sell

Current Market Cap: A$4.2M

See more data about ADD stock on TipRanks’ Stock Analysis page.

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