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Ausgold Limited ( (AU:AUC) ) just unveiled an update.
Ausgold Limited has reported the results of its Extraordinary General Meeting held on 12 January 2026, where shareholders strongly endorsed a series of capital management and incentive resolutions. Investors overwhelmingly ratified the prior issue of 62.5 million shares under Tranche 1 of a placement and approved the issue of a further 37.5 million shares under Tranche 2, confirming broad support for the company’s recent capital raising initiatives. Shareholders also backed the grant of 768,750 performance rights to Executive Chairman John Dorward, reflecting alignment between management incentives and shareholder interests as Ausgold advances its strategic plans.
The most recent analyst rating on (AU:AUC) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Ausgold Limited stock, see the AU:AUC Stock Forecast page.
More about Ausgold Limited
Ausgold Limited is an Australian-listed company focused on mineral exploration and development, operating in the resources sector and listed on the ASX. The company engages in capital raisings through share placements to fund its ongoing projects and corporate activities.
YTD Price Performance: -8.18%
Average Trading Volume: 899,336
Technical Sentiment Signal: Buy
Current Market Cap: A$513.7M
See more insights into AUC stock on TipRanks’ Stock Analysis page.