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Meeka Metals Limited Issues New Shares Following Option Conversion

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Meeka Metals Limited Issues New Shares Following Option Conversion

Meeka Gold Limited ( (AU:MEK) ) has issued an update.

Meeka Metals Limited, a company involved in the metals industry, announced the issuance of 7,549,994 fully paid ordinary shares following the conversion of unlisted options. This conversion, with an exercise price of $0.06, generated proceeds of $453,000 for the company. The announcement highlights that the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has complied with relevant provisions of the Corporations Act, ensuring transparency and regulatory adherence.

More about Meeka Gold Limited

YTD Price Performance: 58.14%

Average Trading Volume: 15,403

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €188.8M

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

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