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Enterprise Metals Limited ( (AU:ENT) ) has provided an announcement.
Enterprise Metals Limited has applied for quotation of 62,500,000 new fully paid ordinary shares on the ASX and has issued these shares without a prospectus under the disclosure exemptions of the Corporations Act. The company has confirmed it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded or undisclosed information relevant to this share issue, signalling compliance and transparency for investors.
The notice, authorised by the board and signed by the company secretary, formalises the placement of the new shares within the framework of Australian corporate law. This step clarifies that the additional equity has been issued in accordance with the Act, helping to reassure the market that regulatory requirements have been met as the company expands its share capital base.
More about Enterprise Metals Limited
Enterprise Metals Limited is an Australian-listed company based in West Perth, Western Australia. It operates in the resources sector, with its fully paid ordinary shares quoted on the ASX and governed by Australian corporate and securities regulation.
Current Market Cap: A$6.42M
See more insights into ENT stock on TipRanks’ Stock Analysis page.