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Challenger Exploration Limited ( (AU:CEL) ) has issued an update.
Challenger Gold Limited has announced a proposed issue of securities, including unlisted options and fully paid ordinary shares, with a total of 99,113,345 securities to be issued. This strategic move is expected to enhance the company’s capital structure, potentially supporting its exploration and development activities in the gold mining sector.
More about Challenger Exploration Limited
Challenger Gold Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and advancing gold mining projects, aiming to expand its market presence in the precious metals sector.
Average Trading Volume: 2,228,950
Technical Sentiment Signal: Hold
Current Market Cap: A$162.3M
Find detailed analytics on CEL stock on TipRanks’ Stock Analysis page.