tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pinnacle Minerals Issues Shares on Vesting of 2024 Performance Rights

Story Highlights
  • Pinnacle Minerals issued 1,656,000 new shares after 2024 Tranche A performance rights vested.
  • The company confirmed Corporations Act compliance and no additional disclosure obligations arose.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pinnacle Minerals Issues Shares on Vesting of 2024 Performance Rights

Claim 50% Off TipRanks Premium

Pinnacle Minerals Limited ( (AU:PIM) ) has provided an announcement.

Pinnacle Minerals Limited has issued 1,656,000 fully paid ordinary shares following the vesting of its 2024 Tranche A performance rights, modestly increasing its share capital base. The company confirmed that the shares were issued without a prospectus under the disclosure exemptions of the Corporations Act and stated it remains compliant with its continuous disclosure and financial reporting obligations, with no excluded information requiring disclosure, signalling routine capital management rather than a shift in strategic direction.

More about Pinnacle Minerals Limited

Pinnacle Minerals Limited (ASX: PIM) is an Australian-listed company in the minerals sector, focused on exploration and development activities. The company is headquartered in Western Australia and operates within the regulatory framework of the Australian Corporations Act for listed entities.

Average Trading Volume: 940,196

Technical Sentiment Signal: Sell

For an in-depth examination of PIM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1