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African Gold Issues 9.25 Million New Shares, Confirms Regulatory Compliance

Story Highlights
  • African Gold has expanded its capital by issuing 9.25 million new ordinary shares.
  • The company confirms full Corporations Act compliance and no undisclosed excluded information for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
African Gold Issues 9.25 Million New Shares, Confirms Regulatory Compliance

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

African Gold Ltd has issued 9,250,000 new ordinary shares, as confirmed in a notice to the ASX, expanding its share capital base. The company stated that the shares were issued without a prospectus under the relevant Corporations Act provisions and affirmed its ongoing compliance with financial reporting and continuous disclosure obligations, while noting there is no excluded information that investors are unaware of, which may reassure stakeholders about transparency and regulatory adherence.

More about African Gold Ltd.

African Gold Ltd is an Australian Securities Exchange-listed company focused on gold exploration and development, with its principal and registered office located in Subiaco, Western Australia.

Average Trading Volume: 2,371,632

Technical Sentiment Signal: Buy

Current Market Cap: A$369.8M

For detailed information about A1G stock, go to TipRanks’ Stock Analysis page.

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