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Argent Minerals Issues 2.8 Million New Shares Under Cleansing Notice

Story Highlights
  • Argent Minerals has issued 2,829,345 new shares without a disclosure document.
  • The company confirms compliance with reporting rules and no undisclosed material information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Argent Minerals Issues 2.8 Million New Shares Under Cleansing Notice

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Argent Minerals Limited ( (AU:ARD) ) just unveiled an update.

Argent Minerals Limited has issued 2,829,345 new shares in its capital and notified the market that this share issue was conducted without a disclosure document under the relevant provisions of the Corporations Act. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information requiring disclosure, indicating the placement is a routine capital management step rather than a response to undisclosed developments.

The most recent analyst rating on (AU:ARD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Argent Minerals Limited stock, see the AU:ARD Stock Forecast page.

More about Argent Minerals Limited

Argent Minerals Limited (ASX: ARD) is an Australian-listed resources company focused on mineral exploration and development, with its activities and capital market presence governed by Australian corporate and securities regulations.

Average Trading Volume: 12,651,619

Technical Sentiment Signal: Buy

Current Market Cap: A$77.79M

See more insights into ARD stock on TipRanks’ Stock Analysis page.

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