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Eastern Metals Limited ( (AU:EMS) ) has provided an announcement.
Eastern Metals Limited announced an update regarding its in-specie distribution of Australian Gold and Copper Ltd shares to its eligible shareholders. The distribution calculation was adjusted based on the actual 5-day volume weighted average price of AGC shares, resulting in a revised ratio of 1 AGC share for every 37.347 EMS shares held, impacting the total number of shares distributed to shareholders.
More about Eastern Metals Limited
Eastern Metals Limited, soon to be renamed Raptor Metals Ltd, operates in the mining industry and focuses on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker EMS.
Technical Sentiment Signal: Sell
Learn more about EMS stock on TipRanks’ Stock Analysis page.