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The latest update is out from Larvotto Resources Limited ( (AU:LRV) ).
Larvotto Resources Limited, a company listed on the Australian Securities Exchange (ASX: LRV), has issued 54,377 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, but falls under the exemption provided by section 708A(5) of the Act, allowing the shares to be on-sold without restriction. The company has complied with relevant provisions of the Corporations Act and confirms that there is no undisclosed information that would impact investors’ assessments of the company’s financial position or the rights attached to the shares.
More about Larvotto Resources Limited
Average Trading Volume: 6,895,457
Technical Sentiment Signal: Buy
Current Market Cap: A$602.8M
For a thorough assessment of LRV stock, go to TipRanks’ Stock Analysis page.