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Andromeda Metals Issues Cleansing Notice for New Share Issuance

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Andromeda Metals Issues Cleansing Notice for New Share Issuance

TipRanks Cyber Monday Sale

Andromeda Metals Limited ( (AU:ADN) ) just unveiled an announcement.

Andromeda Metals Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, following the issuance of over 6.9 million fully paid ordinary shares. These shares were issued without disclosure to investors, in compliance with the relevant provisions of the Corporations Act. The announcement indicates that there is no excluded information that needs to be disclosed, suggesting transparency and adherence to regulatory requirements, which may reassure stakeholders about the company’s compliance and operational integrity.

More about Andromeda Metals Limited

Andromeda Metals Limited is a company listed on the Australian Securities Exchange (ASX: ADN) that operates in the mining industry. The company focuses on the exploration and development of mineral resources, with a particular emphasis on projects in Australia.

Average Trading Volume: 18,739,395

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$69.22M

See more data about ADN stock on TipRanks’ Stock Analysis page.

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