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Cosmo Metals Issues Over 74 Million Shares, Ensures Compliance

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Cosmo Metals Issues Over 74 Million Shares, Ensures Compliance

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Cosmo Metals Limited ( (AU:CMO) ) just unveiled an update.

Cosmo Metals Limited has announced the issuance of 74,283,907 fully paid ordinary shares without requiring disclosure to investors under the Corporations Act. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that it holds no undisclosed ‘excluded information’ that needs disclosure. This move is likely to impact the company’s capital structure and could influence its market positioning and stakeholder interests.

More about Cosmo Metals Limited

Cosmo Metals Limited operates in the metals industry, focusing on the production and distribution of various metal products. The company is listed on the Australian Securities Exchange under the ticker CMO.

Average Trading Volume: 568,899

Technical Sentiment Signal: Hold

Current Market Cap: A$6.44M

See more insights into CMO stock on TipRanks’ Stock Analysis page.

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