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An update from Riversgold Ltd. ( (AU:RGL) ) is now available.
Riversgold Limited has advised the ASX that 10 million listed options (RGLAJ), which were due to expire on various dates and at various exercise prices, have lapsed because the conditions attached to those options were not, or could no longer be, satisfied. The lapse of these conditional rights reduces the company’s potential future share dilution from option conversion and represents a minor technical change to its issued capital structure rather than an operational shift, with limited immediate impact indicated for shareholders or broader market positioning.
More about Riversgold Ltd.
Riversgold Limited is an Australian-listed company (ASX: RGL). The specific industry, core projects and market focus are not described in this announcement, which is limited to capital management details concerning its listed securities.
Technical Sentiment Signal: Sell
Current Market Cap: A$14.59M
For detailed information about RGL stock, go to TipRanks’ Stock Analysis page.