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Larvotto Resources Limited ( (AU:LRV) ) has shared an announcement.
Larvotto Resources Limited has issued 555,555 fully paid ordinary shares following the conversion of options at $0.30 per share. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, but falls within the exemption provided by section 708A(5) of the Act, allowing the shares to be on-sold without restrictions. The company confirms compliance with relevant provisions of the Corporations Act and states that no undisclosed information would impact investors’ informed assessment of the company’s financial position or the rights attached to the shares.
More about Larvotto Resources Limited
Average Trading Volume: 6,729,883
Technical Sentiment Signal: Buy
Current Market Cap: A$589M
Learn more about LRV stock on TipRanks’ Stock Analysis page.