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Cannindah Resources Issues Unquoted Securities

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Cannindah Resources Issues Unquoted Securities

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Cannindah Resources Limited ( (AU:CAE) ) has shared an update.

Cannindah Resources Limited announced the issuance of 10,000,000 unquoted securities, specifically options expiring on September 29, 2028. This move is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and investment appeal.

More about Cannindah Resources Limited

Cannindah Resources Limited operates within the resources industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and management of mining projects, with a market focus on expanding its portfolio of resource assets.

Average Trading Volume: 841,230

Technical Sentiment Signal: Sell

Current Market Cap: A$26.82M

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

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