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Challenger Gold Issues 500,000 New Shares on Option Exercise

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Challenger Gold Issues 500,000 New Shares on Option Exercise

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Challenger Exploration Limited ( (AU:CEL) ) has provided an update.

Challenger Gold Limited has issued 500,000 ordinary shares following the exercise of options, with the new securities forming part of its existing quoted class on the ASX. The company has confirmed compliance with its financial reporting and continuous disclosure obligations under the Corporations Act and stated it is not aware of any excluded information, signalling routine capital management with no undisclosed material developments for investors.

More about Challenger Exploration Limited

Challenger Gold Limited is an Australian-listed resources company focused on gold exploration and development, with its ordinary shares quoted on the Australian Securities Exchange (ASX).

Average Trading Volume: 5,339,286

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$350.8M

For a thorough assessment of CEL stock, go to TipRanks’ Stock Analysis page.

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