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The latest announcement is out from Metalicity Limited ( (AU:ARI) ).
Arika Resources Limited has issued 2,194,083 fully paid ordinary shares following the exercise of unlisted options priced at $0.025 and $0.03. This move, conducted under section 708A of the Corporations Act 2001, signifies the company’s compliance with relevant regulatory provisions and reflects its ongoing capital management strategy.
More about Metalicity Limited
YTD Price Performance: 51.85%
Average Trading Volume: 3,482,923
Technical Sentiment Signal: Sell
Current Market Cap: A$36.18M
Learn more about ARI stock on TipRanks’ Stock Analysis page.