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Matsa Resources Issues New Shares Following Option Exercise

Story Highlights
  • Matsa Resources Limited issued 80,000 new shares after unlisted options were exercised.
  • The company continues to comply with the Corporations Act, maintaining transparency with stakeholders.
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Matsa Resources Issues New Shares Following Option Exercise

Matsa Resources Limited ( (AU:MAT) ) has provided an update.

Matsa Resources Limited has announced the issuance of 80,000 fully paid ordinary shares following the exercise of unlisted options. This move is part of the company’s compliance with various provisions of the Corporations Act, and it reflects Matsa’s ongoing efforts to manage its share capital and maintain transparency with its stakeholders.

More about Matsa Resources Limited

Matsa Resources Limited is a company operating 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 management of unlisted options.

YTD Price Performance: 30.0%

Average Trading Volume: 52,655

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €25.1M

For a thorough assessment of MAT stock, go to TipRanks’ Stock Analysis page.

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