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The latest update is out from Barton Gold Holdings Limited ( (AU:BGD) ).
Barton Gold Holdings Limited has issued 1,025,619 fully paid ordinary shares as part of its acquisition of the Wudinna Gold Project from Cobra Resources PLC, following shareholder approval. This strategic move, which includes new tenements, strengthens Barton’s position in the gold industry, enhancing its operational capacity and potential for increased production. The shares are subject to voluntary escrow, with 40% held for 12 months and 60% for 24 months, reflecting a structured approach to integrating the new assets into the company’s portfolio.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is an Australian gold developer listed on the ASX, OTCQB, and Frankfurt Stock Exchange. The company focuses on gold production, targeting 150,000 ounces per annum, with significant mineral resources in gold and silver. Barton Gold owns the only gold mill in the Gawler Craton region of South Australia and operates several projects, including the Challenger, Tarcoola, Tunkillia, and Wudinna Gold Projects.
Average Trading Volume: 573,987
Technical Sentiment Signal: Buy
Find detailed analytics on BGD stock on TipRanks’ Stock Analysis page.
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