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The latest announcement is out from African Gold Ltd. ( (AU:A1G) ).
African Gold Ltd. has announced a proposed issuance of securities, including 10 million options exercisable at $0.10 and expiring three years from the date of issue, along with over 46 million ordinary fully paid shares. The proposed issue date is set for May 29, 2025. This move is likely aimed at raising capital to support the company’s ongoing operations and exploration activities, potentially strengthening its market position and offering new opportunities for stakeholders.
More about African Gold Ltd.
African Gold Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold resources in Africa. The company is listed on the Australian Securities Exchange (ASX) under the issuer code A1G.
YTD Price Performance: 16.67%
Average Trading Volume: 24,144
Technical Sentiment Signal: Sell
Current Market Cap: €17.11M
Learn more about A1G stock on TipRanks’ Stock Analysis page.