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Cazaly Resources Limited ( (AU:CAZ) ) has issued an update.
Cazaly Resources Limited has announced the issuance of 5,000,000 fully paid ordinary shares following the conversion of performance rights. This move, compliant with the Corporations Act, allows for the on-sale of these shares without disclosure, potentially impacting the company’s liquidity and market positioning by increasing the number of shares available for trading.
More about Cazaly Resources Limited
Cazaly Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the discovery and extraction of various minerals, contributing to the supply chain of raw materials in the market.
Average Trading Volume: 778,951
Technical Sentiment Signal: Buy
Current Market Cap: A$10.84M
For detailed information about CAZ stock, go to TipRanks’ Stock Analysis page.