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OzAurum Resources Ltd. ( (AU:OZM) ) has provided an update.
OzAurum Resources Ltd. has issued 100,000 new fully paid ordinary shares following the exercise of options at an exercise price of $0.05 each. This issuance allows the shares to be tradeable immediately, as it falls under the exemption set out in section 708A(5) of the Corporations Act, indicating compliance with relevant legal provisions and ensuring transparency for stakeholders.
More about OzAurum Resources Ltd.
OzAurum Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold resources in Western Australia.
Average Trading Volume: 2,745,580
Technical Sentiment Signal: Buy
Current Market Cap: A$18.78M
For detailed information about OZM stock, go to TipRanks’ Stock Analysis page.