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Echelon Resources Limited Announces Cessation of Securities

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Echelon Resources Limited Announces Cessation of Securities

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New Zealand Oil & Gas Limited ( (AU:ECH) ) just unveiled an announcement.

Echelon Resources Limited has announced the cessation of certain securities. The company has cancelled 108,320 options expiring on June 30, 2030, by agreement between the entity and the holder, and 2,761,444 options expiring on July 1, 2025, due to expiry without exercise or conversion. This move reflects a strategic adjustment in the company’s issued capital, potentially impacting its market positioning and stakeholder interests.

More about New Zealand Oil & Gas Limited

Average Trading Volume: 12,805

Technical Sentiment Signal: Sell

Current Market Cap: A$77.26M

See more insights into ECH stock on TipRanks’ Stock Analysis page.

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