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Cue Energy Issues New Shares on Exercise of Options, Confirms Regulatory Compliance

Story Highlights
  • Cue Energy issued 1,358,250 new shares from exercised unlisted options at $0.078.
  • The company states the shares were issued without a prospectus and confirms full regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cue Energy Issues New Shares on Exercise of Options, Confirms Regulatory Compliance

Meet Samuel – Your Personal Investing Prophet

An update from Cue Energy Resources Limited ( (AU:CUE) ) is now available.

Cue Energy Resources has issued 1,358,250 fully paid ordinary shares following the exercise of unlisted options at an exercise price of $0.078 per option. The shares were issued without a prospectus under Australian securities law provisions, with the company confirming ongoing compliance with its financial reporting and continuous disclosure obligations and stating there is no excluded information requiring disclosure at this time.

More about Cue Energy Resources Limited

Cue Energy Resources Limited is an Australian-listed energy company active in the oil and gas sector. The company focuses on exploration and production activities, operating as a disclosing entity under the Corporations Act and complying with ongoing financial reporting and continuous disclosure obligations.

Average Trading Volume: 750,072

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$92.72M

For a thorough assessment of CUE stock, go to TipRanks’ Stock Analysis page.

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