Opyl Ltd. Issues Shares to Settle Management Fees

Opyl Ltd. (AU:OPL) has released an update.

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Opyl Ltd. has announced the issuance of 500,000 fully paid ordinary shares as part of a fee arrangement with Peak Asset Management. Peak Asset Management will receive these shares in lieu of a cash fee related to loan agreements completed in 2024. The shares are to be issued at a price of $0.02 each, equating to a 2% fee from the funds raised.

For further insights into AU:OPL stock, check out TipRanks’ Stock Analysis page.

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