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Aurum Resources Limited ( (AU:AUE) ) has shared an announcement.
Aurum Resources Limited has issued a cleansing notice under the Corporations Act 2001, following the conversion of unquoted options into 388,679 fully paid ordinary shares. This move allows the shares to be sold under the exemption provided by section 708A(5) of the Act, indicating compliance with relevant legal provisions and potentially enhancing liquidity for stakeholders.
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 operates within the resources industry, focusing on the exploration and development of mineral resources. The company is involved in the production and management of mining assets, aiming to enhance its market presence and shareholder value.
Average Trading Volume: 392,245
Technical Sentiment Signal: Buy
Current Market Cap: A$212.2M
See more insights into AUE stock on TipRanks’ Stock Analysis page.