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Oakridge International Issues New Unlisted Options

Oakridge International Issues New Unlisted Options

Oakridge Internatinal Ltd (AU:OAK) has released an update.

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Oakridge International Ltd has announced the issue of 7,142,857 unlisted options exercisable at 7 cents, expiring on June 30, 2026. These securities, detailed in their June 21, 2024 notification, are not intended to be quoted on the ASX. The move indicates a strategic financial decision by the company to raise capital or incentivize stakeholders through unquoted equity securities.

For further insights into AU:OAK stock, check out TipRanks’ Stock Analysis page.

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