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Condor Energy Facilitates Secondary Trading with New Share Issue

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Condor Energy Facilitates Secondary Trading with New Share Issue

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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.

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