Noronex Ltd: Recent Developments and Financial Updates
Noronex Limited, a mining company specializing in exploration projects and mineral deposits, has been active in the financial markets recently. Listed on the ASX All Markets, the company operates in the Materials sector, specifically within the Oil, Gas & Consumable Fuels industry. Based in Subiaco, Australia, Noronex serves a global customer base through its website.
Financial Overview
As of July 14, 2025, Noronex’s share price closed at AUD 0.012, with a 52-week high of AUD 0.025 on February 23, 2025, and a low of AUD 0.01 on December 17, 2024. The company’s market capitalization stands at AUD 6,700,622.
Recent Announcements
Change of Director’s Interest Notice
On July 16, 2025, Noronex issued a Change of Director’s Interest Notice concerning Victor Rajasooriar. This notice, filed under listing rule 3.19A.2, informs the ASX of changes in the director’s interests in securities. The information is required to be updated as soon as available and may be made public by the ASX.
Notice Under Section 708A
On the same day, Noronex announced the issuance of 7,142,857 fully paid ordinary shares. This issuance was made without prior disclosure to investors under Part 6D.2 of the Corporations Act 2001. By providing this notice, the shares fall within the exemption under section 708A(5) of the Act, allowing for their on-sale without further disclosure.
Application for Quotation of Securities
Noronex applied for the quotation of the newly issued ordinary shares on the ASX. The shares, totaling 7,142,857, were issued on July 16, 2025, and are part of a transaction previously announced in an Appendix 3B.
Results of General Meeting
The results of Noronex’s General Meeting held on July 14, 2025, were announced, with all resolutions passed by poll. Details of each resolution and proxy votes were provided in accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001.
These developments reflect Noronex’s ongoing activities in corporate governance and capital management as it continues to explore and develop mineral projects globally.