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The latest announcement is out from Austral Gold ( (AU:AGD) ).
Austral Gold Limited has received approval from the TSX Venture Exchange to issue 1,025,077 fully paid ordinary shares to an investor as repayment of accrued interest under previously issued convertible notes. This move is part of Austral Gold’s strategy to convert notes into shares, reflecting its ongoing efforts to strengthen its financial position and support its growth strategy in the mining industry.
More about Austral Gold
Austral Gold is a gold and silver mining producer focused on building a portfolio of quality assets in the Americas. The company operates on three strategic pillars: production, exploration, and equity investments, aiming to advance its portfolio of producing and exploration assets.
YTD Price Performance: 354.55%
Average Trading Volume: 576,130
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$62.01M
See more data about AGD stock on TipRanks’ Stock Analysis page.