Imdex Ltd (AU:IMD) has released an update.
Imdex Ltd has announced the issuance of 1,295,389 new shares as a result of the conversion of performance rights under the company’s Employee Rights Plan. The new shares are immediately tradeable, complying with the Corporations Act, and the company has met all necessary disclosure and compliance requirements as of the date of the notice. This move aligns with Imdex’s commitment to fostering successful and cost-effective operations in the mining-tech sector.
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