Agrimin Limited (ASX: $AMN) has responded to ASX's Price Query regarding recent trading in its securities. The company confirmed that it is in compliance with the Listing Rules and provided details about the recent market announcement related to flotation testwork results for the Mackay Potash Project.
The recent trading activity in Agrimin's securities has been attributed to meaningful media coverage and exploration prospectivity in the West Arunta. The company believes that recent exploration success in the region, along with media coverage, has contributed to the increased interest in its securities. Additionally, the company entered a trading halt at the request of ASX to release separate flotation testwork results for its Mackay Potash Project, which have now been announced. Agrimin has confirmed its compliance with the Listing Rules and the authorization of its responses by the Board of Directors.
Agrimin's response to ASX's Price Query provides insights into the recent trading activity in its securities, attributing it to media coverage and exploration success in the West Arunta. The company has affirmed its compliance with the Listing Rules and the authorization of its responses by the Board of Directors. Looking ahead, Agrimin aims to continue its exploration activities and maintain compliance with the ASX Listing Rules to ensure transparency and informed market participation.