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Emmerson Resources Issues 5 Million Shares Following Option Exercise

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Emmerson Resources Issues 5 Million Shares Following Option Exercise

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Emmerson Resources Limited ( (AU:ERM) ) has provided an announcement.

Emmerson Resources Limited has issued 5,000,000 fully paid ordinary shares following the exercise of unlisted options at $0.20 per share, with an expiration date of 31 December 2025. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Corporations Act, ensuring transparency and adherence to regulatory requirements.

More about Emmerson Resources Limited

Emmerson Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the code ERM.

Average Trading Volume: 617,045

Technical Sentiment Signal: Buy

Current Market Cap: A$173.9M

Find detailed analytics on ERM stock on TipRanks’ Stock Analysis page.

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