tiprankstipranks
Company Announcements

Adelong Gold Limited Announces Proposed Securities Issuance

Story Highlights
  • Adelong Gold Limited plans to issue new securities, including shares and options.
  • The issuance aims to raise capital and strengthen the company’s position in the mining sector.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adelong Gold Limited Announces Proposed Securities Issuance

Discover the Best Stocks and Maximize Your Portfolio:

3D Resources Limited ( (AU:ADG) ) has issued an announcement.

Adelong Gold Limited announced a proposed issuance of securities, including 5,952,381 ordinary fully paid shares and 2,976,190 options expiring in May 2029, with the issue date set for March 19, 2025. This move is intended to raise capital and potentially bolster the company’s operational capacity, which may enhance its competitive positioning in the mining sector.

More about 3D Resources Limited

Adelong Gold Limited operates in the metals and mining industry, focusing primarily on gold exploration and production.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.15M

For a thorough assessment of ADG stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1