Eastern Resources Limited (AU:EFE) has released an update.
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Eastern Resources Limited announces a security consolidation for its ordinary shares and options, which will commence trading on a deferred settlement basis from November 22, 2024. The move, which has received necessary security holder approval, aims to streamline the company’s stock structure ahead of a formal issue date on December 2, 2024. This reorganization could impact the trading dynamics, offering potential strategic advantages for the company and its investors.
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