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Matsa Resources Limited ( (AU:MAT) ) has provided an update.
Matsa Resources Limited has announced the issuance of 86,680 fully paid ordinary shares following the exercise of unlisted options, as part of its ongoing financial activities. This move is in compliance with relevant sections of the Corporations Act, and the company has ensured transparency by lodging an Appendix 2A. The issuance of these shares is expected to impact the company’s market capitalization and shareholder structure, with the top 20 shareholders holding a significant portion of the shares.
More about Matsa Resources Limited
Matsa Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is based in Perth, Western Australia, and is involved in the issuance of shares and options as part of its financial operations.
Average Trading Volume: 640,652
Technical Sentiment Signal: Buy
Current Market Cap: A$54.72M
See more insights into MAT stock on TipRanks’ Stock Analysis page.