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Desoto Resources Ltd. Announces General Meeting to Approve Share Issuances

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Desoto Resources Ltd. Announces General Meeting to Approve Share Issuances

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An update from Desoto Resources Ltd. ( (AU:DES) ) is now available.

Desoto Resources Ltd. has announced a general meeting to be held on April 28, 2025, in West Perth, WA. The meeting will address several resolutions, including the approval to issue consideration and deferred milestone shares to both unrelated and related parties, as well as placement shares to unrelated participants. Additionally, the company seeks approval to issue lead manager options to Euroz Hartleys. These resolutions are significant as they involve the issuance of a substantial number of shares, which could impact the company’s capital structure and stakeholder interests.

More about Desoto Resources Ltd.

YTD Price Performance: 25.00%

Average Trading Volume: 201,635

Technical Sentiment Signal: Sell

Find detailed analytics on DES stock on TipRanks’ Stock Analysis page.

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