Desert Metals Ltd. Secures Shareholder Approval for Key Resolutions

Desert Metals Ltd. ( (AU:DM1) ) has shared an announcement.

Desert Metals Ltd. announced that all resolutions presented at their recent general meeting were passed with the required majority. This includes the ratification and approval of various share placements and options, which could enhance the company’s capital structure and support its ongoing projects in West Africa. The successful passing of these resolutions indicates strong shareholder support and positions the company for potential growth in its gold exploration ventures.

More about Desert Metals Ltd.

Desert Metals Limited is an ASX-listed gold exploration and development company. It has joint venture arrangements in Côte d’Ivoire, West Africa, covering over 1,073.95 km² of mineral permits. The company currently owns 51% of the Tengrela South project and is working towards an 80% stake in the Adzope gold project.

YTD Price Performance: -10.0%

Average Trading Volume: 924,148

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$7.17M

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