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Melbana Energy Announces EGM Resolution Approval

Story Highlights
  • Melbana Energy held an Extraordinary General Meeting on October 15, 2025.
  • Shareholders approved a resolution on share placement, indicating support for the company’s strategy.
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Melbana Energy Announces EGM Resolution Approval

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The latest announcement is out from Melbana Energy Limited ( (AU:MAY) ).

Melbana Energy Limited, an Australian company listed on the ASX under the ticker MAY, announced the results of its Extraordinary General Meeting held on October 15, 2025. The shareholders passed a resolution regarding the ratification of prior issue of shares under placement, with the resolution carried by a poll. This decision reflects shareholder support for the company’s strategic actions, potentially impacting its financial structure and market positioning.

More about Melbana Energy Limited

Average Trading Volume: 7,142,632

Technical Sentiment Signal: Sell

Current Market Cap: A$64.29M

For detailed information about MAY stock, go to TipRanks’ Stock Analysis page.

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