tiprankstipranks
Advertisement
Advertisement

G11 Resources Issues 12.8 Million Shares and Lodges Cleansing Notice

Story Highlights
G11 Resources Issues 12.8 Million Shares and Lodges Cleansing Notice

Claim 55% Off TipRanks

Odin Metals Ltd ( (AU:G11) ) has provided an announcement.

G11 Resources Limited has issued 12,752,668 fully paid ordinary shares under a previously announced placement, following shareholder approval in February 2026. The new shares were issued without a prospectus under the Corporations Act provisions that allow such placements for disclosing entities.

The company has lodged a cleansing notice confirming compliance with its financial reporting and continuous disclosure obligations and stating there is no excluded information that must be disclosed to investors. This step allows the newly issued shares to be freely tradable on the ASX, supporting liquidity for investors and reinforcing the company’s adherence to Australian regulatory requirements.

More about Odin Metals Ltd

G11 Resources Limited is an Australia-based company listed on the ASX. While the specific industry and projects are not detailed in this notice, the company operates as a disclosing entity under the Corporations Act and raises capital through share placements to support its corporate and operational activities.

Average Trading Volume: 160,842

Technical Sentiment Signal: Buy

Current Market Cap: A$39.09M

See more data about G11 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1