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Aurum Resources Issues Cleansing Notice for Share Conversion

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Aurum Resources Issues Cleansing Notice for Share Conversion

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The latest announcement is out from Aurum Resources Limited ( (AU:AUE) ).

Aurum Resources Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, following the conversion of unquoted options into 512,349 fully paid ordinary shares. This notice allows the on-sale of these shares to be exempt from disclosure requirements, indicating compliance with relevant provisions of the Act and ensuring transparency in its trading activities.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.

More about Aurum Resources Limited

Aurum Resources Limited is a company operating in the resources sector, focusing on the exploration and development of mineral resources. The company is based in Subiaco, Western Australia.

Average Trading Volume: 488,822

Technical Sentiment Signal: Buy

Current Market Cap: A$206.2M

See more insights into AUE stock on TipRanks’ Stock Analysis page.

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