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Arika Resources Issues New Shares Following Option Exercise

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Arika Resources Issues New Shares Following Option Exercise

Confident Investing Starts Here:

The latest announcement is out from Metalicity Limited ( (AU:ARI) ).

Arika Resources Limited has issued 2,267,344 fully paid ordinary shares at $0.025 per share following the exercise of unlisted options. This move, conducted under section 708A of the Corporations Act 2001, indicates the company’s compliance with relevant legal provisions, ensuring transparency and adherence to regulatory requirements.

More about Metalicity Limited

YTD Price Performance: 59.26%

Average Trading Volume: 4,998,629

Technical Sentiment Signal: Sell

Current Market Cap: A$33.57M

Find detailed analytics on ARI stock on TipRanks’ Stock Analysis page.

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