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Aurum Resources Expands with New Mining Tenement Acquisition

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Aurum Resources Expands with New Mining Tenement Acquisition

Confident Investing Starts Here:

Aurum Resources Limited ( (AU:AUE) ) just unveiled an announcement.

Aurum Resources Limited has issued 3,492,535 fully paid ordinary shares following the acquisition of the mining tenement PR-414 from Turaco Gold Limited. This issuance, conducted without disclosure under the Corporations Act 2001, allows for the secondary trading of these shares under specific exemptions, potentially impacting the company’s market activities and shareholder value.

More about Aurum Resources Limited

Aurum Resources Limited operates in the mining industry, primarily focusing on the acquisition and development of mining tenements. The company is engaged in the exploration and production of mineral resources, positioning itself as a key player in the resource sector.

Average Trading Volume: 1,137,907

Technical Sentiment Signal: Sell

Current Market Cap: A$75.29M

Find detailed analytics on AUE stock on TipRanks’ Stock Analysis page.

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