New Age Exploration Limited ( (AU:NAE) ) just unveiled an update.
New Age Exploration Limited has announced the issuance of 400 million fully paid ordinary shares at a price of $0.004 per share, in accordance with ASX Listing Rules 7.1 and 7.1A. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act. The company has confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information required to be disclosed. This move could potentially impact the company’s capital structure and market positioning, offering new opportunities for investment and growth.
More about New Age Exploration Limited
New Age Exploration Limited is a company listed on the Australian Securities Exchange (ASX) under the ticker NAE. The company is involved in exploration activities, focusing on identifying and developing mineral resources.
Current Market Cap: A$10.78M
See more data about NAE stock on TipRanks’ Stock Analysis page.