Fiji Kava Limited ( (AU:CCO) ) has provided an announcement.
The Calmer Co. International Limited has issued 123,873,702 fully paid ordinary shares along with the same number of attaching CCOOA options. This issuance was done without disclosure to investors under Part 6D.2 of the Corporations Act 2001, and the company confirms compliance with relevant provisions of the Act. This strategic move is expected to enhance the company’s financial standing and operational capabilities, potentially impacting its market position and stakeholder interests positively.
More about Fiji Kava Limited
The Calmer Co. International Limited (ASX:CCO) specializes in providing natural solutions aimed at calming nerves, supporting mind and muscle relaxation, and inducing sleep. Their product range includes drinking powders, teas, shots, concentrates, and capsules, marketed under brands such as Fiji Kava, Taki Mai, and Danodan Hempworks across the USA, Australia, China, New Zealand, and Fiji. Additionally, the company distributes Leilo kava drinks in the Fiji Islands.
Technical Sentiment Signal: Buy
Current Market Cap: A$16.42M
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