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Macarthur Minerals Limited (ASX:MIO)

ALERT: Price-sensitive ASX Announcement for MIO
Current share price for MIO : $0.020 -0.01 (-33.33%)+
Announcement
Release
16 Apr 2026 5:12PM
Price at Release
$0.030
Full Release
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Summary
Macarthur Minerals Limited responded to an ASX query regarding the timing of its cleansing notice and subsequent announcement of a Programme of Work (PoW) approval. The company issued a cleansing notice on 8 April 2026 following a placement of 50,000,000 shares. The PoW approval, received on 2 April 2026, was announced on 9 April 2026. MIO explained that the approval was part of an ongoing operational program and did not require immediate disclosure under Listing Rule 3.1A. The company confirmed compliance with ASX Listing Rules and that no breach occurred. The Board of MIO authorized the responses to ASX.
Key Points
  • MIO issued a cleansing notice on 8 April 2026 for 50,000,000 shares.
  • PoW approval received on 2 April 2026 and announced on 9 April 2026.
  • MIO relied on Listing Rule 3.1A for non-disclosure before 9 April.
  • PoW was not linked to the placement of shares.
  • MIO confirmed compliance with ASX Listing Rules.
  • Responses to ASX were board-approved.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.