tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Arika Resources Issues New Shares Under Options Exercise

Story Highlights
Arika Resources Issues New Shares Under Options Exercise

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Metalicity Limited ( (AU:ARI) ) is now available.

Arika Resources Limited has issued 1,166,667 fully paid ordinary shares following the exercise of unlisted options priced at $0.025 each. This issuance was conducted under section 708A of the Corporations Act 2001, allowing the company to proceed without investor disclosure under Part 6D.2 of the Act. The announcement confirms compliance with relevant legal provisions and indicates no excluded information is required to be disclosed.

More about Metalicity Limited

YTD Price Performance: 51.85%

Average Trading Volume: 3,089,539

Technical Sentiment Signal: Sell

Current Market Cap: A$33.69M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1