Oceana Metals Limited Reinstated to ASX Quotation
Key points
- Trading suspension lifted after release of proposed acquisition announcement
- Response to ASX price query provided
- Resumption of trading effective immediately
Full summary
Oceana Metals Limited (ASX: OCN) has been reinstated to ASX quotation after the suspension of trading in its securities was lifted. The suspension was in place pending the release of an announcement by OCN regarding a proposed acquisition and the company's response to an ASX price query. With the release of these disclosures, the trading suspension has now been lifted, and OCN's securities will resume trading immediately. The announcement provides details on the proposed acquisition and the company's clarification of market speculation, allowing investors to make informed decisions regarding the stock.
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