GTR 0.00% 0.4¢ gti energy ltd

Ann: Cleansing Prospectus, page-9

  1. 164 Posts.
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    nothing to be concerned about.... standard admin...

    A cleansing notice is a statutory notice a company must issue after placing new shares on the market. Their purpose is to tell the market that the company is in compliance of its continuous disclosure obligations and is not relying on any carve outs under the continuous disclosure regime. In other words the market is fully informed. This means the newly placed securities can then trade with no restrictions. Hope this helps. Above is my basic understanding please do more research if you're still concerned.
 
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