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African Gold Issues 3.1 Million Shares in Lieu of Fees

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African Gold Issues 3.1 Million Shares in Lieu of Fees

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An announcement from African Gold Ltd. ( (AU:A1G) ) is now available.

African Gold Ltd., an ASX-listed gold exploration and development company, has arranged for the issue and quotation of new ordinary fully paid shares on the Australian Securities Exchange. The company will issue 3,104,004 ordinary shares on December 22, 2025, as payment in lieu of fees, a move that modestly increases its share capital while preserving cash resources, which may support ongoing operations and project development without immediate cash outlay to service providers or stakeholders.

More about African Gold Ltd.

African Gold Ltd. is an ASX-listed company in the resources sector focused on gold exploration and development, trading under the ticker A1G.

YTD Price Performance: 981.82%

Average Trading Volume: 2,354,161

Technical Sentiment Signal: Buy

Current Market Cap: A$317.3M

See more data about A1G stock on TipRanks’ Stock Analysis page.

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