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Challenger Gold Limited Issues 375 Million New Securities

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Challenger Gold Limited Issues 375 Million New Securities

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Challenger Exploration Limited ( (AU:CEL) ) just unveiled an update.

Challenger Gold Limited has announced the issuance of 375,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CEL. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and providing it with additional resources to further its exploration and development activities.

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 engaged in activities that aim to discover and exploit valuable mineral deposits, catering to the global demand for gold.

Average Trading Volume: 2,678,297

Technical Sentiment Signal: Hold

Current Market Cap: A$164M

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

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