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BMG Resources Issues New Shares and Awaits Exploration Results

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BMG Resources Limited ( (AU:BMG) ) just unveiled an announcement.

BMG Resources Limited has issued 6,000,000 fully paid ordinary shares following the exercise of Performance Rights that were issued in October 2020 and vested in June 2023. The company is awaiting exploration results from its Abercromby project, which will be released in compliance with its continuous disclosure obligations, potentially impacting its operational and market positioning.

More about BMG Resources Limited

BMG Resources Limited is a company operating in the resource exploration industry, focusing on mineral exploration and development projects.

Average Trading Volume: 3,414,342

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$8.38M

For detailed information about BMG stock, go to TipRanks’ Stock Analysis page.

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