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The latest announcement is out from Macarthur Minerals Ltd. ( (AU:MIO) ).
Macarthur Minerals Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, notifying the Australian Securities Exchange about the issuance of 22,990,746 fully paid ordinary shares without disclosure under Part 6D.2 of the Act. This move indicates the company’s compliance with relevant provisions of the Corporations Act and suggests a strategic financial maneuver to potentially enhance its market position and operational capacity.
More about Macarthur Minerals Ltd.
Macarthur Minerals Limited is a company operating in the mining industry, primarily focusing on mineral exploration and development. The company is listed on the Australian Securities Exchange under the code MIO.
Average Trading Volume: 99,567
Technical Sentiment Signal: Sell
Current Market Cap: A$2.23M
For an in-depth examination of MIO stock, go to TipRanks’ Overview page.