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Challenger Exploration Limited ( (AU:CEL) ) has issued an update.
Challenger Exploration Limited has issued a total of 11,865,844 ordinary shares without disclosure to investors under specific provisions of the Corporations Act. These shares include allocations to a director, as interest to Queens Road Capital, and to consultants and advisors. Additionally, the company is in advanced discussions for a mining services contract related to the Hualian Gold Project in Argentina, which could impact its operational capabilities and market positioning.
More about Challenger Exploration Limited
Challenger Exploration Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in projects primarily in Argentina, with a market focus on expanding its gold mining operations.
Average Trading Volume: 3,805,153
Technical Sentiment Signal: Buy
Current Market Cap: A$282.9M
For an in-depth examination of CEL stock, go to TipRanks’ Overview page.