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Vital Metals Issues 11.2 Million New Shares Under Disclosure Exemption

Story Highlights
  • Vital Metals issued 11.2 million fully paid ordinary shares without a disclosure document.
  • The company says it is compliant with reporting rules and has no undisclosed material information for investors.
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Vital Metals Issues 11.2 Million New Shares Under Disclosure Exemption

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Vital Metals Ltd ( (AU:VML) ) has shared an announcement.

Vital Metals Limited has notified the Australian Securities Exchange that it has issued 11.2 million fully paid ordinary shares without a disclosure document, relying on provisions of the Corporations Act that permit such an issue.

The company confirmed it is up to date with its financial reporting and continuous disclosure obligations, and stated that there is no undisclosed information that investors would reasonably require to assess its financial position or the rights attached to its ordinary shares.

More about Vital Metals Ltd

Average Trading Volume: 103,541

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$31.95M

Learn more about VML stock on TipRanks’ Stock Analysis page.

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