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Metalicity Limited ( (AU:ARI) ) just unveiled an announcement.
Arika Resources Limited has issued 926,019 fully paid ordinary shares at $0.03 each following the exercise of unlisted options. This move is part of the company’s reliance on section 708A of the Corporations Act 2001, allowing them to issue shares without disclosure to investors. The announcement, approved by the board, indicates compliance with relevant provisions of the Corporations Act, signaling transparency and adherence to regulatory requirements.
More about Metalicity Limited
YTD Price Performance: 59.26%
Average Trading Volume: 4,063,381
Technical Sentiment Signal: Sell
Current Market Cap: A$37.01M
Learn more about ARI stock on TipRanks’ Stock Analysis page.