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Larvotto Resources Issues Shares Under Exemption

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Larvotto Resources Issues Shares Under Exemption

Confident Investing Starts Here:

Larvotto Resources Limited ( (AU:LRV) ) just unveiled an update.

Larvotto Resources Limited has issued 418,222 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 company has provided a cleansing notice to ensure these shares fall within the exemption of section 708A(5) of the Act, allowing for their on-sale. The company confirms compliance with relevant provisions of the Act and asserts that no additional information is required for investors to make informed assessments.

More about Larvotto Resources Limited

YTD Price Performance: 91.00%

Average Trading Volume: 5,043,639

Technical Sentiment Signal: Hold

Current Market Cap: A$410.8M

For an in-depth examination of LRV stock, go to TipRanks’ Stock Analysis page.

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