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An announcement from Aruma Resources Limited ( (AU:AAJ) ) is now available.
Aruma Resources Limited has issued 2,123,261 fully paid ordinary shares following the exercise of unlisted options at $0.017 per share, expanding its quoted share capital on the ASX. The shares were issued without a prospectus under the Corporations Act’s Section 708A provisions, with the company confirming its ongoing compliance with financial reporting and continuous disclosure obligations and stating there is no excluded information, signalling a routine capital structure adjustment that maintains regulatory transparency for investors.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
More about Aruma Resources Limited
Aruma Resources Limited (ASX: AAJ) is an ASX-listed copper-focused exploration company advancing a portfolio of projects in world-class mineral belts. Its flagship asset is the high-grade Tillex Copper sulphide Project in the Timmins mineral district of Ontario, Canada, complemented by copper exploration holdings in Queensland’s Mt Isa region and multi-commodity projects in South Australia and Western Australia.
Average Trading Volume: 4,061,395
Technical Sentiment Signal: Buy
Current Market Cap: A$10.73M
Learn more about AAJ stock on TipRanks’ Stock Analysis page.