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ADX Energy Issues Shares to Directors, Ensures Compliance

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ADX Energy Issues Shares to Directors, Ensures Compliance

Elevate Your Investing Strategy:

ADX Energy ( (AU:ADX) ) has shared an announcement.

ADX Energy Ltd has announced the issuance of 1,571,402 ordinary fully paid shares to its Directors upon the exercise of options, without the need for a disclosure document under the Corporations Act. This move signifies compliance with relevant legal provisions and indicates transparency in its operations, potentially impacting the company’s governance and stakeholder relations positively.

More about ADX Energy

ADX Energy Ltd is an energy company based in Australia, primarily focused on the exploration and development of oil and gas resources.

YTD Price Performance: -6.45%

Average Trading Volume: 451,268

Technical Sentiment Signal: Sell

Current Market Cap: A$16.79M

Learn more about ADX stock on TipRanks’ Stock Analysis page.

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