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Latitude 66 Ltd Issues New Shares and Options

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Latitude 66 Ltd Issues New Shares and Options

TipRanks Black Friday Sale

The latest announcement is out from DiscovEx Resources Limited ( (AU:LAT) ).

Latitude 66 Ltd has announced the issuance of 2,429,907 fully paid ordinary shares and an equal number of unlisted options, which are exercisable at $0.067 and will expire on 27 November 2028. This move, completed without disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and suggests a strategic financial maneuver to potentially enhance its capital structure, impacting its market operations and investor relations.

More about DiscovEx Resources Limited

Average Trading Volume: 203,490

Technical Sentiment Signal: Sell

Current Market Cap: A$9.83M

For detailed information about LAT stock, go to TipRanks’ Stock Analysis page.

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