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Island Pharmaceuticals Issues 5 Million New Shares

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Island Pharmaceuticals Issues 5 Million New Shares

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The latest announcement is out from Island Pharmaceuticals Ltd ( (AU:ILA) ).

Island Pharmaceuticals Limited has announced the issuance of 5,000,000 fully paid ordinary shares following the exercise of unlisted options at $0.07 per share. This move, executed without disclosure under the Corporations Act, reflects the company’s compliance with relevant regulatory provisions, potentially impacting its market operations and investor relations.

More about Island Pharmaceuticals Ltd

Island Pharmaceuticals Limited is a company in the pharmaceutical industry, focusing on the development and commercialization of pharmaceutical products. The company is listed on the Australian Securities Exchange under the ticker ASX: ILA.

Average Trading Volume: 719,397

Technical Sentiment Signal: Buy

Current Market Cap: A$51.92M

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

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