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Western Gold Resources Ltd. ( (AU:WGR) ) has issued an update.
Western Gold Resources Ltd. has issued 18 million new fully paid ordinary shares to professional and sophisticated investors as part of a recently announced capital raising effort. This move, conducted without the need for disclosure under certain provisions of the Corporations Act, demonstrates the company’s compliance with relevant financial regulations and aims to strengthen its financial position for future growth.
More about Western Gold Resources Ltd.
Western Gold Resources Ltd. is a company engaged in the mining industry, focusing on the exploration and production of gold. It aims to leverage opportunities within the gold market by expanding its resource base and enhancing shareholder value.
YTD Price Performance: 126.67%
Average Trading Volume: 479,401
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$12.89M
Learn more about WGR stock on TipRanks’ Stock Analysis page.
