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The latest announcement is out from Venture Minerals Limited ( (AU:CRI) ).
Critica Limited has issued 15,608,666 new fully paid ordinary shares following the conversion of employee options granted under its employee incentive scheme. The move modestly increases the company’s share count while rewarding staff with equity, aligning employee interests more closely with those of shareholders.
The company confirmed that the share issuance was conducted without a prospectus under existing Corporations Act provisions and that it remains compliant with its financial reporting and continuous disclosure obligations. Critica also stated there is no undisclosed price-sensitive information that would be required to be released in connection with this share issue, aiming to reassure investors on transparency and regulatory compliance.
The most recent analyst rating on (AU:CRI) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Venture Minerals Limited stock, see the AU:CRI Stock Forecast page.
More about Venture Minerals Limited
Critica Limited is an ASX-listed company based in West Perth, Western Australia. The company operates under Australian corporate governance and reporting standards, with its shares traded on the ASX under the ticker CRI.
Average Trading Volume: 8,081,088
Technical Sentiment Signal: Sell
Current Market Cap: A$67.84M
For an in-depth examination of CRI stock, go to TipRanks’ Overview page.