Aurum Resources Issues Cleansing Notice for Share Trading

Aurum Resources Limited ( (AU:AUE) ) has provided an announcement.

Aurum Resources Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, following the issuance of 173,610 fully paid ordinary shares due to the conversion of unquoted options. This notice allows for the secondary trading of these shares without disclosure, as they fall under the exemption provided by the Act. The company confirms compliance with relevant provisions of the Act, ensuring transparency and adherence to regulatory requirements.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.95 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 operates in the resources industry, focusing on the exploration and development of mineral resources. The company is based in Subiaco, Western Australia, and is involved in the issuance and trading of shares related to its operations.

Average Trading Volume: 1,025,710

Technical Sentiment Signal: Buy

Current Market Cap: A$115.2M

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