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Admiralty Resources NL Corrects Tenement Disclosure Oversight

Story Highlights
  • Admiralty Resources is a mineral exploration company with interests in Chile and Australia.
  • The company identified and corrected an oversight in tenement disclosures, ensuring compliance with ASX rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Admiralty Resources NL Corrects Tenement Disclosure Oversight

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The latest update is out from Admiralty Resources NL ( (AU:ADY) ).

Admiralty Resources NL announced a strategic review that identified an oversight in the disclosure of certain tenement interests, which had not been included in recent reports due to a lack of exploration activity. The company has committed to correcting this oversight and ensuring full compliance with ASX Listing Rules, reinforcing its commitment to corporate governance and transparency.

More about Admiralty Resources NL

Admiralty Resources NL is a diversified mineral exploration company listed on the Australian Securities Exchange, with mineral interests in Chile and Australia. The company is advancing its Mariposa Iron Ore Project in Chile towards production, targeting first production in 2024, and aims to increase production capacity from 2025. Admiralty also holds interests in other exploration projects in Chile and a 50% stake in the Pyke Hill Project, a cobalt and nickel project in Western Australia.

Technical Sentiment Signal: Sell

Current Market Cap: A$15.78M

See more insights into ADY stock on TipRanks’ Stock Analysis page.

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