ADX Energy (AU:ADX) has released an update.
ADX Energy Ltd has announced the issuance of new fully paid ordinary shares in lieu of consulting fees for the quarter ended June 30, 2024, totaling $64,571. The shares, numbering 603,468, will be quoted on the ASX under the code ADX, with an issue date of August 1, 2024. This move indicates the company’s strategy to compensate consulting services with equity rather than cash.
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