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Elixinol Wellness ( (AU:EXL) ) just unveiled an announcement.
Elixinol Wellness Ltd held a General Meeting where shareholders approved several resolutions, including the ratification of prior issue of Tranche 1 Placement Shares and the approval to issue Tranche 2 Placement Shares. These approvals are expected to support the company’s capital structure and facilitate further growth opportunities, enhancing its market position and potentially benefiting stakeholders.
More about Elixinol Wellness
Elixinol Wellness Ltd operates in the wellness industry, focusing on the production and distribution of health and wellness products. The company is listed on the Australian Securities Exchange (ASX) under the ticker EXL.
YTD Price Performance: -68.42%
Average Trading Volume: 400,137
Technical Sentiment Signal: Sell
Current Market Cap: A$3.32M
For a thorough assessment of EXL stock, go to TipRanks’ Stock Analysis page.