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An announcement from Kogi Iron Ltd. ( (AU:M4M) ) is now available.
Macro Metals Limited, a company listed on the Australian Securities Exchange, has requested a voluntary suspension of its securities due to a compliance issue. The company discovered an unintentional failure to lodge cleansing notices within the required timeframe after issuing shares, prompting them to seek urgent legal orders from the Supreme Court of Western Australia. The suspension will remain in place until the court’s decision or the commencement of trading on July 18, 2025. The company has taken steps to rectify the situation and improve compliance procedures, with the Managing Director apologizing for any inconvenience caused to shareholders.
More about Kogi Iron Ltd.
Average Trading Volume: 4,883,436
Technical Sentiment Signal: Sell
Current Market Cap: A$31.83M
Find detailed analytics on M4M stock on TipRanks’ Stock Analysis page.