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Challenger Exploration Limited ( (AU:CEL) ) has issued an announcement.
Challenger Gold Limited has issued 500,000 ordinary shares following the exercise of options, with the new securities forming part of an existing class already quoted on the ASX. The company confirmed that this capital issuance was conducted without a disclosure document in reliance on relevant provisions of the Corporations Act, and that it remains compliant with its continuous disclosure and financial reporting obligations, signalling regulatory adherence and transparent governance for shareholders.
The most recent analyst rating on (AU:CEL) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Challenger Exploration Limited stock, see the AU:CEL Stock Forecast page.
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.
Average Trading Volume: 5,230,370
Technical Sentiment Signal: Buy
Current Market Cap: A$363.7M
For detailed information about CEL stock, go to TipRanks’ Stock Analysis page.