Antilles Gold Issues Shares for Services, Conserves Cash

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Antilles Gold Issues Shares for Services, Conserves Cash

Antilles Gold ( (AU:AAU) ) has provided an update.

Antilles Gold Limited has issued nearly 6 million ordinary shares to a consultant as payment for services, with each share valued at A$0.004. This strategic move allows the company to conserve cash while compensating for services, potentially impacting its financial operations and stakeholder interests.

More about Antilles Gold

Antilles Gold Limited is a company listed on the Australian Securities Exchange (ASX) under the code AAU. It operates in the mining industry, focusing on gold exploration and development projects.

Technical Sentiment Signal: Buy

Current Market Cap: $5.29M

See more insights into AAU stock on TipRanks’ Stock Analysis page.

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