OzAurum Resources (ASX: OZM) Announces Issuance of New Securities for ASX Quotation

April 17, 2025 05:29 PM AEST | By Team Kalkine Media
 OzAurum Resources (ASX: OZM) Announces Issuance of New Securities for ASX Quotation
Image source: Shutterstock

Highlights

  • OzAurum Resources has issued new fully paid ordinary shares

  • The securities have been approved for quotation on the ASX

  • The company operates in the gold exploration sector

OzAurum Resources Ltd. (ASX:OZM) operates within the gold exploration ASX Mining Stock sector and is focused on advancing its exploration projects in Western Australia. The company continues to expand its operational activities through various strategic initiatives related to its assets in the region. This includes exploration programs aimed at identifying mineralisation in underexplored areas within its tenements.

New Securities Quoted on ASX

OzAurum Resources has issued fully paid ordinary shares that have been approved for quotation on the Australian Securities Exchange. These securities rank equally with existing ordinary shares and have been issued without any restrictions. The quotation of these new securities reflects the administrative and compliance requirements completed by the company in line with listing rules on the exchange.

Details Regarding the Issued Shares

The newly issued securities are classified as fully paid ordinary shares and will trade under the same code as the existing shares on the ASX. The issuance was finalised under standard procedures, and the company notified the exchange accordingly. All applicable documentation and regulatory submissions were processed in accordance with the listing guidelines.

Corporate Activities and Strategic Developments

OzAurum Resources continues to progress its exploration activities across its key gold tenements. The company has been carrying out geological mapping, soil sampling, and drilling activities to define areas of interest within its project zones. With a focus on identifying high-priority zones, the company remains engaged in technical studies across its tenement holdings.

Compliance with Listing Requirements

The issuance of new securities was conducted in accordance with the rules and regulations set by the Australian Securities Exchange. OzAurum Resources has fulfilled all listing requirements to facilitate the quotation of the new ordinary shares. The documentation provided to the exchange included full details of the issued securities and confirmation of their ranking in parity with existing shares.

Exploration Project Overview

OzAurum Resources holds a portfolio of exploration licenses in regions with established gold mineralisation. These include areas that have previously demonstrated favourable geological conditions for gold-bearing structures. The company’s exploration strategy is based on systematically evaluating and testing these zones using modern exploration techniques.

Outlook for Company Operations

The company continues to focus on expanding its geological understanding of its assets through structured field programs and data analysis. Technical work continues to support the identification of key areas for further investigation, with a goal of delineating mineralised systems through detailed studies. Activities are conducted across its exploration permits with the objective of advancing project knowledge and asset value.

Regulatory Notifications

All relevant updates related to the new securities have been officially lodged with the Australian Securities Exchange. The issuance adheres to the regulatory requirements, with OzAurum Resources confirming that the new shares are fully paid and rank equally in all respects with the company's existing quoted securities.


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