OM Holdings (ASX:OMH) received confirmation from the Australian Securities Exchange that it is no longer classified as a mining producing entity for the ASX listing rules, according to a Wednesday Australian bourse filing.
As a result, the company will no longer lodge quarterly production and market update reports with the exchange.
The company will now be required to lodge preliminary final reports in the form of Appendix 4E and half-yearly reports in the form of Appendix 4D in each case within two months of the end of the relevant accounting period.
The company's shares rose nearly 2% in recent Wednesday trade.