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Larvotto Resources Issues New Shares Under Options Conversion

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Larvotto Resources Issues New Shares Under Options Conversion

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The latest announcement is out from Larvotto Resources Limited ( (AU:LRV) ).

Larvotto Resources Limited, a company listed on the Australian Securities Exchange, has issued 211,111 fully paid ordinary shares following the conversion of options priced at $0.30 per share. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the shares are exempt from on-sale restrictions under section 708A(5) of the Act. The company has confirmed compliance with relevant provisions of the Corporations Act and has stated that no additional information is required for investors to assess the company’s financial position or the rights attached to the shares.

More about Larvotto Resources Limited

Average Trading Volume: 6,510,461

Technical Sentiment Signal: Buy

Current Market Cap: A$537.2M

For detailed information about LRV stock, go to TipRanks’ Stock Analysis page.

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