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Wildcat Resources Ltd. Issues New Shares Under Legal Exemption

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Wildcat Resources Ltd. Issues New Shares Under Legal Exemption

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Wildcat Resources Ltd. ( (AU:WC8) ) has provided an announcement.

Wildcat Resources Ltd. announced the issuance of 750,000 fully paid ordinary shares, taking advantage of an exemption under section 708A(5) of the Corporations Act 2001, which allows for the on-sale of these shares without disclosure. This strategic move enables the company to streamline its capital-raising efforts, potentially enhancing its financial flexibility and market positioning while maintaining compliance with relevant legal requirements.

More about Wildcat Resources Ltd.

YTD Price Performance: -25.00%

Average Trading Volume: 3,657,936

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$314.7M

For an in-depth examination of WC8 stock, go to TipRanks’ Stock Analysis page.

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