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AuMEGA Metals Ltd Rectifies Share Discrepancy on ASX Platform

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AuMEGA Metals Ltd Rectifies Share Discrepancy on ASX Platform

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An update from Matador Mining Ltd ( (AU:AAM) ) is now available.

AuMEGA Metals Ltd has identified and is rectifying an administrative discrepancy in the total number of shares on issue as displayed on the ASX platform, which arose from its 2024 flow-through financing. To ensure compliance with ASX Listing Rules, the company has lodged an Appendix 3H to cancel unlisted TSXV shares and an Appendix 2A to list them, correcting the total number of shares on the ASX to 789,150,363. This action reflects AuMEGA’s commitment to maintaining regulatory compliance and could impact its market operations and stakeholder confidence.

More about Matador Mining Ltd

AuMEGA Metals Ltd is a company engaged in exploration activities, focusing on a district-scale land package along the Cape Ray Shear Zone in Newfoundland, Canada. This area is recognized as the largest identified gold structure in the region, hosting significant projects such as Equinox Gold’s Valentine Gold Project. AuMEGA is supported by global institutional investors and strategic investments from B2Gold Corp. The company also explores the Hermitage Flexure and has an option agreement for the Blue Cove Copper Project, indicating potential for copper and other base metals.

Average Trading Volume: 1,267,073

Technical Sentiment Signal: Sell

Current Market Cap: A$21.83M

See more data about AAM stock on TipRanks’ Stock Analysis page.

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