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Sultan Resources Ltd. ( (AU:SLZ) ) has shared an update.
Sultan Resources Ltd has announced the completion of issuing 201,856,257 fully paid ordinary shares at an issue price of $0.005 per share. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed its compliance with relevant provisions of the Act. This move could potentially impact the company’s financial standing and market operations by increasing its share capital.
More about Sultan Resources Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.83M
For an in-depth examination of SLZ stock, go to TipRanks’ Overview page.