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IronRidge Resources Looks For Authority To Issue Shares (ALLISS)

22nd Feb 2019 09:08

LONDON (Alliance News) - IronRidge Resources PLC will be holding an extraordinary general meeting in March to get approval for the issue of shares.

Shareholders will vote on issuing shares of up to 15% of IronRidge's share capital for a non-cash consideration on March 20 in Brisbane, Australia.

IronRidge's directors "strongly" support the motion, and recommends shareholders vote in favour.

Shares were 4.7% lower on Friday at a price of 18.35 pence each.


Related Shares:

IRR.L
FTSE 100 Latest
Value8,809.74
Change53.53