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Paterson Resources Issues Securities Without Disclosure Document

Story Highlights
  • Paterson Resources issued securities without a disclosure document under the Corporations Act.
  • The company confirms compliance with relevant legal provisions, impacting market operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paterson Resources Issues Securities Without Disclosure Document

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Paterson Resources ( (AU:PSL) ) has issued an update.

Paterson Resources has announced that it has issued securities without a disclosure document under Part 6D.2 of the Corporations Act, as part of a class of securities quoted on the ASX. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information as per sections 708A(7) and 708A(8). This move may facilitate a subsequent offer for sale, potentially impacting the company’s market operations and investor relations.

More about Paterson Resources

YTD Price Performance: 133.33%

Average Trading Volume: 1,687,202

Technical Sentiment Signal: Hold

Current Market Cap: A$13.23M

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

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