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Morella Corporation Issues New Shares to Related Party Investors

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Confident Investing Starts Here:

Morella Corporation ( (AU:1MC) ) has provided an update.

Morella Corporation Limited, a company listed on the Australian Securities Exchange, has issued 27,866,790 fully paid ordinary shares at A$0.026 per share to related party investors. This issuance was approved at the Extraordinary General Meeting of Shareholders and aligns with the company’s compliance with its regular reporting and disclosure obligations under the Corporations Act 2001.

More about Morella Corporation

YTD Price Performance: -37.93%

Average Trading Volume: 176,194

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$5.94M

See more data about 1MC stock on TipRanks’ Stock Analysis page.

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