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Metalicity Limited ( (AU:ARI) ) has shared an update.
Arika Resources Limited has issued a total of 19,972,857 fully paid ordinary shares, with 4,972,857 shares resulting from the exercise of unlisted options and 15,000,000 shares related to a tenement acquisition. This move, conducted under section 708A of the Corporations Act 2001, signifies the company’s strategic efforts to expand its asset base and enhance its market position, potentially impacting its operational capabilities and stakeholder interests.
More about Metalicity Limited
Average Trading Volume: 3,624,987
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$30.34M
See more data about ARI stock on TipRanks’ Stock Analysis page.