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BMG Resources Issues Shares and Awaits Bullabulling Project Results

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BMG Resources Issues Shares and Awaits Bullabulling Project Results

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BMG Resources Limited ( (AU:BMG) ) has provided an announcement.

BMG Resources Limited has issued 4,000,000 fully paid ordinary shares following the exercise of Performance Rights, which were initially issued in October 2020 and vested in June 2023. The company is awaiting exploration results from its Bullabulling Project, which will be released in accordance with continuous disclosure obligations, potentially impacting its operations and market positioning.

More about BMG Resources Limited

BMG Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is involved in projects such as the Bullabulling Project, which is indicative of its market focus on resource exploration and development.

Average Trading Volume: 6,566,956

Technical Sentiment Signal: Sell

Current Market Cap: A$6.76M

Find detailed analytics on BMG stock on TipRanks’ Stock Analysis page.

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