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EV Resources Limited ( (AU:EVR) ) has issued an announcement.
EV Resources Limited has announced the issuance of 340,207,500 fully paid ordinary shares and 402,500,000 listed options, as per their recent notice under section 708A(5) of the Corporations Act. This move is part of the company’s strategy to strengthen its capital structure, ensuring compliance with relevant provisions of the Act and maintaining transparency for investors, which could potentially enhance its market position and stakeholder confidence.
More about EV Resources Limited
EV Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and distribution of minerals, with a market focus on enhancing its resource base and expanding its operational capabilities.
Average Trading Volume: 15,439,830
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$22.78M
For detailed information about EVR stock, go to TipRanks’ Stock Analysis page.