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QX Resources Issues New Shares Following Option Conversion

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QX Resources Issues New Shares Following Option Conversion

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QX Resources Ltd ( (AU:QXR) ) has issued an announcement.

QX Resources Limited has announced the issuance of 13,889 fully paid ordinary shares following the conversion of unlisted options, each exercisable at $0.01. This move, executed without investor disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legislative provisions, indicating a strategic financial maneuver to potentially enhance its capital structure.

More about QX Resources Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$9.21M

For detailed information about QXR stock, go to TipRanks’ Stock Analysis page.

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