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Core Energy Minerals Updates on Share Issuance for Project Acquisitions

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Core Energy Minerals Updates on Share Issuance for Project Acquisitions

OAR Resources Ltd ( (AU:CR3) ) has provided an update.

Core Energy Minerals Ltd, a company listed on the Australian Securities Exchange, has announced updates regarding its Extraordinary General Meeting scheduled for March 26, 2025. The company has withdrawn its application for a waiver from ASX Listing Rule 7.3.4 and will seek shareholder approval to issue shares for the acquisition of the Harris Greenstone and Cummins projects. The issuance of certain shares may occur outside the three-month period following the meeting, necessitating further shareholder approval. Agreements have been made to remunerate vendors in cash if shareholder approval is not obtained.

More about OAR Resources Ltd

YTD Price Performance: 50.0%

Average Trading Volume: 18,010

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2.27M

For detailed information about CR3 stock, go to TipRanks’ Stock Analysis page.

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