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South Harz Potash Ltd ( (AU:TSR) ) just unveiled an update.
Turnstone Resources has advised that it recently issued 6,166,667 fully paid ordinary shares and applied to have them quoted on the ASX, as detailed in an earlier filing. The company has formally notified the exchange that these shares were issued without a prospectus under the relevant Corporations Act provisions.
In its notice, Turnstone confirmed it is up to date with its financial reporting and continuous disclosure obligations under the Act. The company also stated there is no excluded information that would need to be disclosed in relation to this share issue, providing reassurance to investors about regulatory compliance and transparency.
More about South Harz Potash Ltd
Turnstone Resources Ltd is an ASX-listed company, operating in the resources sector and issuing fully paid ordinary shares to support its corporate and capital management activities. The company is subject to Australian corporate and continuous disclosure regulations, indicating its participation in regulated public markets and adherence to statutory reporting obligations.
Average Trading Volume: 177,783
Technical Sentiment Signal: Sell
Current Market Cap: A$6.11M
For detailed information about TSR stock, go to TipRanks’ Stock Analysis page.