Resources & Energy Group Limited (AU:REZ) has released an update.
Resources & Energy Group Limited has announced an application for the quotation of over 20 million ordinary fully paid shares, issued as payment to directors for outstanding fees. Shareholder approval for this issue was secured in a meeting on the 25th of June, 2027, with details released to the ASX. This move represents a significant corporate action by the company as it continues to align its financial strategies with its corporate governance.
For further insights into AU:REZ stock, check out TipRanks’ Stock Analysis page.