Ironbark Zinc Limited (ASX:IBG) has responded to the Australian Securities Exchange's (ASX) queries regarding the increase in the price of IBG securities and significant increase in volume of IBG's securities traded on 16 September 2024. The company confirmed its compliance with the Listing Rules and its continuous disclosure policy, addressing the ASX's concerns.
The Company notes the changes to its focus and strategy during 2024, involving a rationalisation of its existing project portfolio, potential divestment of the Citronen Project, and recent project acquisitions. Ironbark Zinc continues to pursue various project and corporate opportunities, with a commitment to inform the market of developments at the appropriate time via the ASX platform. The responses have been authorised and approved under the company's published continuous disclosure policy and by an officer with delegated responsibility from the Board to respond to ASX on disclosure matters.
Ironbark Zinc's response to the ASX price query reaffirms the company's commitment to compliance with Listing Rules and continuous disclosure policy. The company's strategic evolution, including the rationalisation of its project portfolio and pursuit of new opportunities, reflects its proactive approach to adapt to market dynamics. Ironbark Zinc aims to keep the market informed of any significant developments through the ASX platform. The company's outlook indicates a focus on strategic growth and adaptability to market conditions.