Admiralty Resources NL (AU:ADY) has released an update.
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Admiralty Resources NL has successfully closed its unmarketable parcel share sale facility, selling 44,963,933 shares and totaling A$265,288.51 in proceeds for approximately 88% of eligible shareholders. Shareholders affected by the sale will be informed of the details and receive their proceeds. The company is also progressing its Mariposa Iron Ore Project in Chile, with production expected to commence in 2024.
For further insights into AU:ADY stock, check out TipRanks’ Stock Analysis page.