Golden Mile Resources Ltd. ( (AU:G88) ) has issued an announcement.
Golden Mile Resources Ltd has issued 16,900,000 ordinary shares, which are now exempt from on-sale restrictions under Section 708A (5) of the Corporations Act 2001. This strategic move is part of the company’s broader efforts to enhance its capital structure and operational flexibility, potentially impacting its market positioning and offering new opportunities for stakeholders.
More about Golden Mile Resources Ltd.
Golden Mile Resources Ltd (ASX: G88) is a project development and mineral exploration company focused on a multi-asset and multi-commodity strategy. The company aims to grow through the advancement of core projects, acquisition of high-quality assets, and forming tactical alliances with joint venture partners.
Average Trading Volume: 1,189,586
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.54M
See more data about G88 stock on TipRanks’ Stock Analysis page.