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Pure Resources Issues 500,000 New Shares Under Cleansing Notice

Story Highlights
  • Pure Resources issued 500,000 new fully paid ordinary shares without a prospectus.
  • The company affirms regulatory compliance, no undisclosed material information, and has sought ASX quotation for the shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pure Resources Issues 500,000 New Shares Under Cleansing Notice

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Pure Resources Limited ( (AU:PR1) ) has issued an announcement.

Pure Resources Limited has issued 500,000 fully paid ordinary shares on 12 December 2025 without a prospectus, relying on provisions of the Corporations Act that allow such issuance without formal disclosure. The company states it remains compliant with its financial reporting and continuous disclosure obligations, confirms there is no undisclosed information material to investors’ assessment of the company or its shares, and has lodged an application with ASX for quotation of the new securities, signalling a routine capital management move with limited immediate impact on existing shareholders beyond standard dilution.

More about Pure Resources Limited

Pure Resources Limited (ASX: PR1) is an Australian-listed company, though the specific industry and core operations are not described in the announcement. It is subject to Australian corporate and securities regulations and maintains compliance with continuous disclosure and financial reporting obligations under the Corporations Act and ASX Listing Rules.

Average Trading Volume: 41,530

Technical Sentiment Signal: Buy

Current Market Cap: A$8.28M

Learn more about PR1 stock on TipRanks’ Stock Analysis page.

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