The latest announcement is out from OzAurum Resources Ltd. ( (AU:OZM) ).
OzAurum Resources Ltd. has issued 125,000 new fully paid ordinary shares following the exercise of options at an exercise price of $0.05 each. The issuance of these shares, which are immediately tradeable, complies with relevant sections of the Corporations Act, allowing for their on-sale without disclosure restrictions. This move reflects the company’s ongoing efforts to enhance its capital structure and liquidity, potentially impacting its market positioning and stakeholder interests positively.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is based in Kalgoorlie, Western Australia, and is listed on the Australian Securities Exchange under the ticker OZM.
YTD Price Performance: 250.0%
Average Trading Volume: 5,769,358
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$19.94M
For a thorough assessment of OZM stock, go to TipRanks’ Stock Analysis page.