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Iris Metals Limited ( (AU:IR1) ) has issued an update.
Iris Metals Limited has issued a Cleansing Prospectus to offer up to 1,000 shares at $0.16 each and 10,000,000 options exercisable at $0.40, along with 1,500,000 zero exercise price options to a director. This move is primarily aimed at removing trading restrictions on the sale of securities issued by the company before the closing date, reflecting a strategic effort to enhance liquidity and marketability of its securities.
More about Iris Metals Limited
YTD Price Performance: -35.42%
Average Trading Volume: 139,237
Technical Sentiment Signal: Buy
Current Market Cap: A$27.37M
Find detailed analytics on IR1 stock on TipRanks’ Stock Analysis page.