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Noronex Clears Compliance Hurdle for Trading of Newly Issued Shares

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Noronex Clears Compliance Hurdle for Trading of Newly Issued Shares

Meet Samuel – Your Personal Investing Prophet

Noronex Ltd. ( (AU:NRX) ) just unveiled an update.

Noronex Limited has issued 4,560,811 fully paid ordinary shares and has lodged the required notice under section 708A(5) of the Corporations Act 2001, confirming these shares can be freely traded without a disclosure document. The company states it is compliant with its financial reporting and continuous disclosure obligations and that there is no undisclosed information material to assessing its financial position, prospects, or the rights attached to the new shares, underscoring regulatory compliance and transparency for current and prospective shareholders.

The most recent analyst rating on (AU:NRX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Noronex Ltd. stock, see the AU:NRX Stock Forecast page.

More about Noronex Ltd.

Noronex Limited (ASX: NRX) is an Australian-listed company based in Subiaco, Western Australia. It operates in the resources sector and has a large register of fully paid ordinary shares on issue, reflecting its status as an established participant in the exploration and mining investment market.

Average Trading Volume: 893,603

Technical Sentiment Signal: Sell

Current Market Cap: A$9.37M

See more data about NRX stock on TipRanks’ Stock Analysis page.

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