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The latest announcement is out from Consolidated Zinc Limited ( (AU:YAR) ).
Yari Minerals Limited has issued 150,000,000 ordinary shares without investor disclosure under the Corporations Act, complying with relevant legal provisions. This move is part of the company’s strategic efforts to enhance its capital structure, potentially impacting its financial flexibility and market positioning.
More about Consolidated Zinc Limited
Yari Minerals Limited (ASX: YAR) is a company focused on the Rolleston South Coal Project in Queensland, which boasts a significant inferred mineral resource of high-quality thermal coal. The project is strategically located with access to essential infrastructure, enhancing its export potential. Additionally, Yari holds a 100% interest in the Pilbara Projects in Western Australia, comprising multiple exploration licenses.
Average Trading Volume: 922,040
Technical Sentiment Signal: Sell
Current Market Cap: A$7.58M
For an in-depth examination of YAR stock, go to TipRanks’ Overview page.