Industrial Minerals Limited (ASX:IND) Addresses ASX Price Query
Recent Trading Activity
Industrial Minerals Limited (ASX:IND) has addressed ASX’s inquiry regarding the recent fluctuations in its securities’ price. The company confirmed there is no undisclosed information that could explain the trading activity.
Operational Achievements
IND reported an increase in interest and demand for its High Purity Quartz (HPQ) ore. The company is actively marketing to potential buyers and continues to advance several projects, including ongoing marketing events post Chinese New Year, developing a maiden mineral resource estimate at the Pippingarra project, and conducting independent test work in China, all expected to be completed by the end of the month.
Compliance
Industrial Minerals Limited affirmed its compliance with ASX Listing Rules, specifically Rule 3.1. The company’s responses were authorised by an officer with delegated authority from the board in accordance with its continuous disclosure policy.
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