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Uvre Ltd. ( (AU:MEX) ) just unveiled an announcement.
Minerals Exploration Ltd has issued 2.3 million fully paid ordinary shares following the vesting and conversion of an equivalent number of performance rights under its Employee Securities Incentive Plan, a move that modestly increases its share capital while rewarding staff and aligning their interests with shareholders. The company confirmed that the shares were issued without a prospectus under the relevant Corporations Act provisions, stated it remains compliant with its financial reporting and continuous disclosure obligations, and advised that there is no undisclosed price-sensitive information, signalling routine capital management with no immediate additional implications flagged for investors.
More about Uvre Ltd.
Minerals Exploration Ltd (ASX/NZX: MEX) is a dual-listed, New Zealand-focused gold explorer pursuing an aggressive brownfields exploration strategy across a portfolio of gold assets in the historic Hauraki and Otago Goldfields. The projects host known high-grade mineralisation from historical production and prior exploration and are situated near major deposits, with the company led by a management team and board with a strong track record in exploration success and value creation.
Average Trading Volume: 628,626
Technical Sentiment Signal: Buy
See more data about MEX stock on TipRanks’ Stock Analysis page.