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Larvotto Resources Issues New Shares Under Exemption

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Larvotto Resources Issues New Shares Under Exemption

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The latest announcement is out from Larvotto Resources Limited ( (AU:LRV) ).

Larvotto Resources Limited, listed on the ASX under the ticker LRV, has issued 8,360 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 2001, and the shares are exempt from on-sale restrictions under section 708A(5) of the Act. The company has complied with all relevant provisions of the Corporations Act and there is no undisclosed information that would affect investors’ assessments of the company’s financial position or the rights attached to the shares.

More about Larvotto Resources Limited

Average Trading Volume: 6,945,669

Technical Sentiment Signal: Buy

Current Market Cap: A$628.5M

For a thorough assessment of LRV stock, go to TipRanks’ Stock Analysis page.

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