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Chilwa Minerals Ltd ( (AU:CHW) ) has shared an update.
Chilwa Minerals Ltd has issued 18,250 fully paid ordinary shares following the exercise of options and 7,500,000 shares on conversion of performance rights. This issuance, conducted without disclosure to investors, falls under the secondary trading exemption of the Corporations Act 2001, allowing these shares to be traded without further disclosure. The company confirms compliance with relevant legislative provisions and assures that no undisclosed information could affect investor assessments.
More about Chilwa Minerals Ltd
Chilwa Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in producing and trading mineral products, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 48,888
Technical Sentiment Signal: Buy
Current Market Cap: A$97.21M
For detailed information about CHW stock, go to TipRanks’ Stock Analysis page.