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Many Peaks Minerals Issues New Shares, Lodges Cleansing Notice

Story Highlights
  • Many Peaks Minerals issued 2,527,834 new fully paid ordinary shares without a prospectus.
  • The company confirmed regulatory compliance and no undisclosed material information with its cleansing notice.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Many Peaks Minerals Issues New Shares, Lodges Cleansing Notice

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An update from Many Peaks Gold Ltd. ( (AU:MPK) ) is now available.

Many Peaks Minerals Limited has issued 2,527,834 fully paid ordinary shares without a prospectus under the relevant provisions of the Corporations Act, and has lodged a cleansing notice to ensure those securities can be traded freely on the ASX. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information requiring disclosure, signalling that the share issue is being conducted within existing regulatory frameworks and without undisclosed material information for investors.

The most recent analyst rating on (AU:MPK) stock is a Buy with a A$1.85 price target. To see the full list of analyst forecasts on Many Peaks Gold Ltd. stock, see the AU:MPK Stock Forecast page.

More about Many Peaks Gold Ltd.

Many Peaks Minerals Limited, trading on the ASX under the code MPK, is an Australian resources company focused on mineral exploration and development, operating within the broader mining and minerals sector.

Average Trading Volume: 264,512

Technical Sentiment Signal: Buy

Current Market Cap: A$112.3M

Find detailed analytics on MPK stock on TipRanks’ Stock Analysis page.

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