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Cue Energy Resources Issues New Shares Under Option Scheme

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Cue Energy Resources Issues New Shares Under Option Scheme

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Cue Energy Resources Limited ( (AU:CUE) ) just unveiled an update.

Cue Energy Resources Limited has issued 686,662 fully paid ordinary shares through a cashless exercise of options under its Share Option Scheme Rules. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant regulatory requirements, indicating a strategic move to enhance its capital structure.

More about Cue Energy Resources Limited

Cue Energy Resources Limited operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is involved in various projects aimed at harnessing energy resources to meet market demands.

Average Trading Volume: 255,784

Technical Sentiment Signal: Buy

Current Market Cap: A$80.4M

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

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