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The latest announcement is out from Matsa Resources Limited ( (AU:MAT) ).
Matsa Resources Limited has announced the issuance of 15,965,185 fully paid ordinary shares following the exercise of unlisted options, including 9,194,446 options underwritten and expiring on September 7, 2025. This move complies with relevant sections of the Corporations Act, and the shares were issued without disclosure under Part 6D.2 of the Act. The announcement, authorized by the company’s board, reflects Matsa’s ongoing compliance with legal provisions and its strategic financial maneuvers to enhance shareholder value.
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 headquartered in Perth, Western Australia, and is involved in activities related to the issuance and management of shares and options.
Average Trading Volume: 752,889
Technical Sentiment Signal: Buy
Current Market Cap: A$71.56M
For a thorough assessment of MAT stock, go to TipRanks’ Stock Analysis page.