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Alkane Resources Ltd ( (AU:ALK) ) just unveiled an update.
Alkane Resources has responded to an ASX query regarding the late lodgement of an Appendix 3Y notice detailing changes in director Bradford Mills’ notifiable interests, acknowledging that the filing was delayed due to an administrative oversight. The company stated that all directors are aware of their disclosure obligations, that it has reviewed and considers its existing compliance arrangements adequate, and that it has reminded directors of notification timeframes and added a board agenda item to reinforce awareness, characterising the incident as isolated rather than indicative of systemic issues.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
More about Alkane Resources Ltd
Alkane Resources Limited is an Australia-based resources company listed on the ASX, TSX and OTC markets, operating in the mining and exploration sector. The company is subject to ASX Listing Rules governing director disclosure of interests and securities trading, and maintains a Securities Trading Policy to manage compliance with these requirements.
YTD Price Performance: 138.24%
Average Trading Volume: 8,098,762
Technical Sentiment Signal: Buy
Current Market Cap: A$1.66B
Learn more about ALK stock on TipRanks’ Stock Analysis page.