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APC Minerals Issues 29 Million Shares in New Placement

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APC Minerals Issues 29 Million Shares in New Placement

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Australian Potash Limited ( (AU:APC) ) has shared an announcement.

APC Minerals Limited has issued 29,000,000 fully paid ordinary shares as part of a placement, without disclosure to investors under Part 6D.2 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Act and states there is no excluded information as per sections 708A(7) and 708A(8). This move is authorized by the Company Secretary, Michael Fry, and reflects APC’s ongoing adherence to regulatory requirements, potentially impacting its market positioning and investor relations.

More about Australian Potash Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$5.11M

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

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