Shares of Macro Metals Flat After Supreme Court Grants Relief to Rectify Oversight
MT Newswires Live
Jul 18, 2025
Shares of Macro Metals (ASX:M4M) were flat in Friday trade after it said in a late Thursday Australian bourse filing that the Supreme Court has granted relief regarding the company's application to rectify an inadvertent administrative oversight related to the non-lodgement of cleansing notices.
The court declared that the issue of shares under the company's share purchase plan is valid, and that any subsequent offers or sales of those shares are also valid, the filing said.
The company has requested that the Australian Securities Exchange lift the voluntary suspension of its securities, effective immediately, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.