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Cannindah Resources Issues Unquoted Securities

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Cannindah Resources Issues Unquoted Securities

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Cannindah Resources Limited ( (AU:CAE) ) has provided an update.

Cannindah Resources Limited has announced the issuance of 67,355,241 unquoted securities, specifically options expiring on September 29, 2028, with an exercise price of $0.04. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial structure and stakeholder interests by expanding its equity base.

More about Cannindah Resources Limited

Average Trading Volume: 1,345,888

Technical Sentiment Signal: Buy

Current Market Cap: A$70.14M

For an in-depth examination of CAE stock, go to TipRanks’ Overview page.

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