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Ardiden Limited Issues 1 Million Shares Under Regulatory Exemption

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Ardiden Limited Issues 1 Million Shares Under Regulatory Exemption

Meet Your ETF AI Analyst

Ardiden ( (AU:ADV) ) has provided an update.

Ardiden Limited has announced the issuance of 1,000,000 fully paid ordinary shares following the exercise of unlisted options at an exercise price of $0.20. This move is facilitated under the exemption provided by section 708A(5) of the Corporations Act, allowing the shares to be sold without disclosure. The company has confirmed compliance with relevant provisions of the Corporations Act, ensuring transparency and adherence to regulatory requirements.

More about Ardiden

Average Trading Volume: 504,371

Technical Sentiment Signal: Buy

Current Market Cap: A$20.01M

For an in-depth examination of ADV stock, go to TipRanks’ Overview page.

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