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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has provided an announcement.
Native Mineral Resources Holdings Ltd has received a requisition notice from a group of eight shareholders, collectively holding about 5.01% of voting shares, requiring the company to convene a general meeting to vote on resolutions that include the proposed removal of certain directors. The board has committed to calling the meeting within the statutory timeframe, providing shareholders with full details of the resolutions and supporting information, and ensuring affected directors can make representations, while also pledging to maintain a properly constituted board and continuous compliance with governance and disclosure obligations during this period of potential board change.
The most recent analyst rating on (AU:NMR) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd is an ASX-listed resources company focused on mineral exploration and development in Australia. The company operates under Australian corporate and securities regulations and maintains governance structures aligned with the Corporations Act and ASX Listing Rules.
Average Trading Volume: 1,872,697
Technical Sentiment Signal: Sell
Current Market Cap: A$53.07M
Find detailed analytics on NMR stock on TipRanks’ Stock Analysis page.