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Why Is Superior Resources Issuing Just 1,000 Shares? The Compliance Story
9:14am on Thursday 13th of November, 2025 AEDT
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Why Is Superior Resources Issuing Just 1,000 Shares? The Compliance Story
9:14am on Thursday 13th of November, 2025 AEDT
Key Points
Offer of 1,000 new shares at $0.01 each
Purpose to satisfy Corporations Act section 708A(11)(b)(i)
No material impact on company control or capital structure
Risks include funding, project development, commodity prices, and regulatory approvals
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Superior Resources (ASX:SPQ)
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