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Aurum Resources Limited Issues 100 Million Shares to Investors

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Aurum Resources Limited Issues 100 Million Shares to Investors

Elevate Your Investing Strategy:

An update from Aurum Resources Limited ( (AU:AUE) ) is now available.

Aurum Resources Limited has issued 100,000,000 fully paid ordinary shares at $0.356 each to sophisticated and professional investors, as part of a placement announced in May 2025. This issuance was conducted without disclosure under the Corporations Act, and the company has complied with relevant legal provisions, indicating transparency and adherence to regulations, which may bolster investor confidence.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.

More about Aurum Resources Limited

Aurum Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company primarily targets sophisticated and professional investors for its financial activities.

Average Trading Volume: 711,956

Technical Sentiment Signal: Buy

Current Market Cap: A$108.3M

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

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