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TrivarX Limited Issues Shares to Settle Director Fees

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TrivarX Limited Issues Shares to Settle Director Fees

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The latest announcement is out from TrivarX Limited ( (AU:TRI) ).

TrivarX Limited has issued 8,767,123 ordinary fully paid shares at $0.0219 per share to settle outstanding director fees, as announced under section 708A of the Corporations Act. This move, authorized by the Board of Directors, indicates compliance with relevant legal provisions and suggests a strategic financial management approach, potentially impacting the company’s financial standing and stakeholder interests.

More about TrivarX Limited

TrivarX Limited is a mental health technology company that focuses on using objective measures to aid in the early detection and screening of mental health conditions. Founded in Australia, the company operates from offices in Perth and Minneapolis and is listed on the Australian Securities Exchange and trades on the OTCQB Venture Market.

YTD Price Performance: 43.75%

Average Trading Volume: 3,368,163

Technical Sentiment Signal: Hold

Current Market Cap: A$16.27M

See more insights into TRI stock on TipRanks’ Stock Analysis page.

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