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Middle Island Resources Limited ( (AU:MDI) ) has provided an update.
Middle Island Resources Limited has issued 1,337,792 fully paid ordinary shares as per shareholder approval during an Extraordinary General Meeting. This move, executed in lieu of director fees, aligns with compliance requirements under the Corporations Act, ensuring transparency and adherence to regulatory standards, potentially impacting the company’s financial structure and stakeholder interests.
More about Middle Island Resources Limited
Middle Island Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold and other precious metals, targeting markets that demand these commodities.
YTD Price Performance: 183.33%
Average Trading Volume: 2,615,622
Technical Sentiment Signal: Hold
Current Market Cap: A$32.74M
For a thorough assessment of MDI stock, go to TipRanks’ Stock Analysis page.