TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from E79 Gold Mines Limited ( (AU:E79) ).
E79 Gold Mines Limited announced that it has been granted a partial waiver from the ASX Listing Rule 7.3.4, allowing the company to issue Deferred A Consideration Shares within six months of its upcoming annual general meeting. This waiver facilitates the completion of the tenure transfer and registration process for the Cue Gold Project acquisition. However, the waiver does not extend to Deferred B Consideration Shares, which remain subject to the original timeline. This development is significant for E79 Gold as it impacts the company’s ability to finalize the acquisition process efficiently, potentially affecting its strategic positioning in the gold mining sector.
More about E79 Gold Mines Limited
E79 Gold Mines Limited is a company operating in the mining industry, focusing on gold exploration and development projects. The company is involved in acquiring and developing gold mining projects, with a market focus on expanding its portfolio of gold assets.
Average Trading Volume: 979,484
Technical Sentiment Signal: Buy
See more data about E79 stock on TipRanks’ Stock Analysis page.