Aurum Resources Issues Shares Post-Takeover with Cleansing Notice

An announcement from Aurum Resources Limited ( (AU:AUE) ) is now available.

Aurum Resources Limited has issued 4,984 fully paid ordinary shares following the conversion of MKG options as part of a takeover process. This issuance is accompanied by a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, allowing for the secondary trading of these shares without disclosure, which could potentially enhance liquidity and investor engagement in the company’s securities.

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 involved in the acquisition and management of mining assets, with a market focus on expanding its portfolio through strategic takeovers and option conversions.

YTD Price Performance: -6.06%

Average Trading Volume: 1,141,286

Technical Sentiment Signal: Sell

Current Market Cap: A$71.81M

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