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The latest update is out from Larvotto Resources Limited ( (AU:LRV) ).
Larvotto Resources Limited has announced the conversion of 250,000 Performance Rights into ordinary shares under its Long-Term Incentive Plan. This action, which aligns with the company’s strategic goals, was approved by the board and does not affect the company’s existing placement capacity under ASX Listing Rules. The issuance of these shares without disclosure to investors is in compliance with relevant sections of the Corporations Act, ensuring transparency and adherence to regulatory requirements.
More about Larvotto Resources Limited
Larvotto Resources Limited is a company operating in the resources sector, primarily focused on exploration and development projects. It is listed on the Australian Securities Exchange (ASX) under the ticker LRV.
Average Trading Volume: 3,557,445
Technical Sentiment Signal: Hold
Current Market Cap: A$337.7M
For an in-depth examination of LRV stock, go to TipRanks’ Overview page.