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Challenger Exploration Limited ( (AU:CEL) ) just unveiled an update.
Challenger Gold Limited has applied to the ASX for quotation of 500,000 new fully paid ordinary shares, issued on 19 December 2025 following the exercise or conversion of existing options or other convertible securities. The additional shares modestly increase the company’s listed capital base and reflect the take-up of securities by holders, which may be interpreted as a sign of confidence in Challenger Gold’s prospects and provides incremental flexibility for funding ongoing exploration and development activities.
More about Challenger Exploration Limited
Challenger Gold Limited (ASX: CEL) is an Australian-listed resources company engaged in gold exploration and development, focused on advancing its mineral assets and creating value through exploration success and potential project development in the gold sector.
Average Trading Volume: 5,339,286
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$350.8M
Learn more about CEL stock on TipRanks’ Stock Analysis page.