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Aldoro Resources Ltd. ( (AU:ARN) ) has shared an announcement.
Aldoro Resources Ltd has announced the issuance of 253,378 ordinary fully paid shares as a form of payment for drilling services, instead of cash. This strategic move allows the company to manage its cash flow while continuing its exploration activities, potentially impacting its financial operations and stakeholder interests positively.
More about Aldoro Resources Ltd.
Aldoro Resources Ltd is a company operating in the resources industry, focusing primarily on exploration and development of mineral resources. The company is engaged in activities related to the discovery and extraction of valuable minerals, positioning itself within the mining sector.
Average Trading Volume: 325,268
Technical Sentiment Signal: Buy
Current Market Cap: A$99.55M
For detailed information about ARN stock, go to TipRanks’ Stock Analysis page.