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Global Oil & Gas ( (AU:CND) ) has issued an update.
Condor Energy Ltd, a company listed on the Australian Securities Exchange, has issued 15,000,000 ordinary fully paid shares following the conversion of Performance Rights. This move is part of the company’s compliance with the Corporations Act 2001, allowing the shares to be traded under the exemption in section 708A(5). The announcement signifies Condor Energy’s adherence to regulatory requirements and facilitates the secondary trading of its newly issued shares, potentially impacting its market liquidity and investor engagement.
More about Global Oil & Gas
Average Trading Volume: 894,169
Technical Sentiment Signal: Sell
Current Market Cap: A$15.44M
For detailed information about CND stock, go to TipRanks’ Stock Analysis page.