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Eclipse Metals Ltd Issues New Shares in Compliance with Corporations Act

Story Highlights
  • Eclipse Metals Ltd issued shares without disclosure under the Corporations Act.
  • The issuance aligns with regulatory compliance, potentially impacting the company’s capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eclipse Metals Ltd Issues New Shares in Compliance with Corporations Act

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Eclipse Metals Ltd. ( (AU:EPM) ) has provided an announcement.

Eclipse Metals Ltd has announced the issuance of fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act, in compliance with relevant legal provisions. This move signifies the company’s adherence to regulatory requirements and may impact its financial operations by potentially increasing its capital base.

More about Eclipse Metals Ltd.

Eclipse Metals Ltd is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company’s market focus includes the acquisition and development of uranium, gold, and other mineral projects.

YTD Price Performance: 46.67%

Average Trading Volume: 6,187,595

Technical Sentiment Signal: Buy

Current Market Cap: A$72.17M

Learn more about EPM stock on TipRanks’ Stock Analysis page.

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