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Dateline Resources Issues 111.8 Million Shares and Confirms Compliance with Disclosure Rules

Story Highlights
  • Dateline Resources issued 111.8 million new shares under a cleansing notice while confirming ongoing compliance with reporting and disclosure laws.
  • The company says no additional material information is withheld, with exploration results from its Colosseum project to be disclosed when available, limiting immediate impact on investors’ assessments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dateline Resources Issues 111.8 Million Shares and Confirms Compliance with Disclosure Rules

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An announcement from Dateline Resources Limited ( (AU:DTR) ) is now available.

Dateline Resources Limited has issued 111,774,193 fully paid ordinary shares without a disclosure document under the Corporations Act, and has lodged a cleansing notice with the ASX stating it remains compliant with its financial reporting and continuous disclosure obligations. The company says it is not aware of any excluded information that investors would reasonably require beyond what has been disclosed, noting that exploration results from its Colosseum Gold and Rare Earth Element Project will be released as they become available, meaning the share issue proceeds without new material information for investors at this time.

The most recent analyst rating on (AU:DTR) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Dateline Resources Limited stock, see the AU:DTR Stock Forecast page.

More about Dateline Resources Limited

Dateline Resources Limited is an Australian-listed exploration company focused on its 100%-owned Colosseum Gold and Rare Earth Element Project in California, where it is conducting various exploration programs targeting precious and critical minerals.

Average Trading Volume: 12,460,300

Technical Sentiment Signal: Buy

Current Market Cap: A$1.42B

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

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