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Canyon Resources Issues Shares for Investor Relations Services

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Canyon Resources Issues Shares for Investor Relations Services

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Canyon Resources Limited ( (AU:CAY) ) has shared an announcement.

Canyon Resources Limited has announced the issuance of 2,307,692 fully paid ordinary shares to an unrelated creditor. These shares have been provided in lieu of cash payment for investor relations services, indicating a strategic financial decision to manage cash flow while maintaining investor engagement.

More about Canyon Resources Limited

YTD Price Performance: 38.89%

Average Trading Volume: 1,265,183

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$325.9M

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

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