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Astral Resources Issues Over 500,000 New Shares

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Astral Resources Issues Over 500,000 New Shares

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Astral Resources NL ( (AU:AAR) ) has issued an announcement.

Astral Resources NL has issued a total of 549,660 fully paid ordinary shares following the vesting, exercise, and conversion of unlisted options. This action was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Corporations Act. The issuance of these shares is part of Astral Resources’ ongoing financial activities and reflects its operational strategies in managing equity and investor relations.

The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.

More about Astral Resources NL

Astral Resources NL is a company operating in the resource sector, focusing on the exploration and development of mineral resources. The company is involved in the issuance and management of shares and options as part of its financial operations.

Average Trading Volume: 3,434,967

Technical Sentiment Signal: Buy

Current Market Cap: A$264.7M

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

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