New Murchison Gold (ASX:NMG) said that its board decided to change its financial year from Sept. 30 to June 30, to align with its gold producer peers and standard practice on the Australian Securities Exchange, according to a Tuesday Australian bourse filing.
It will have a nine-month "Transitional Financial Year" beginning on Oct. 1, 2025, and ending on June 30. This will require it to lodge half-year accounts for the period ended March 31, lodge an annual report by October, and hold an annual general meeting in November.
It is also committed to holding future annual general meetings after its Feb. 26 meeting in a hybrid format to "facilitate greater connectivity with interstate and overseas shareholders."
Its shares fell 3% in recent trading on Tuesday.