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Alara Resources Addresses ASX Query on Late Disclosure

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Alara Resources Addresses ASX Query on Late Disclosure

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The latest announcement is out from Alara Resources ( (AU:AUQ) ).

Alara Resources Limited responded to an ASX query regarding the late submission of Appendix 3Y, which was related to shares issued in a recent placement. The company explained that the delay was due to the time taken to prepare the document and obtain external advice to ensure correct disclosure. Alara has agreements with its directors to ensure compliance with disclosure obligations under Listing Rule 3.19A.

More about Alara Resources

Alara Resources Limited is an Australian-based company engaged in the production and exploration of precious and base metals. The company operates the Al Wash-hi Majaza Copper-Gold mine and concentrate production facility in Oman and continues exploration activities at various other Omani projects.

Average Trading Volume: 468,815

Technical Sentiment Signal: Sell

Current Market Cap: A$24.9M

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

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