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ADX Energy Issues New Shares in Compliance with Corporations Act

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ADX Energy Issues New Shares in Compliance with Corporations Act

Confident Investing Starts Here:

ADX Energy ( (AU:ADX) ) has issued an update.

ADX Energy Ltd announced the issuance of 2,936,053 ordinary fully paid shares without a disclosure document under Section 708 of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that there is no excluded information that needs to be disclosed. This move is part of ADX Energy’s ongoing efforts to manage its financial operations and maintain transparency with its stakeholders.

More about ADX Energy

ADX Energy Ltd is a company operating in the energy sector, primarily focused on the exploration and development of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in various projects aimed at enhancing its energy production capabilities.

Average Trading Volume: 513,739

Technical Sentiment Signal: Sell

Current Market Cap: A$16.7M

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

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