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Pure Foods Tasmania Ltd. ( (AU:PFT) ) has shared an update.
Pure Foods Tasmania Ltd announced a clarification regarding its acquisition of Elato Ice Cream. The company will seek shareholder approval to issue shares and options related to the acquisition, rather than using its refreshed placement capacity. This move includes issuing shares at specific prices and options with performance criteria tied to consulting services and revenue targets, potentially impacting the company’s financial strategy and stakeholder interests.
More about Pure Foods Tasmania Ltd.
Pure Foods Tasmania Ltd is a company operating in the food industry, focusing on producing premium Tasmanian food products. The company is listed on the Australian Securities Exchange under the ticker PFT.
Average Trading Volume: 506,476
Technical Sentiment Signal: Hold
Current Market Cap: A$4.49M
See more insights into PFT stock on TipRanks’ Stock Analysis page.