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Develop Global Limited Issues New Shares for Woodlawn Mine Milestone

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Develop Global Limited Issues New Shares for Woodlawn Mine Milestone

Confident Investing Starts Here:

An update from Develop Global Limited ( (AU:DVP) ) is now available.

Develop Global Limited announced the issuance of 1,712,329 fully paid ordinary shares to OMF Fund II (H) Ltd as part payment for a milestone under a Co-operation Deed related to the Woodlawn Mine. This issuance allows the shares to be traded immediately under the exemption in section 708A(5) of the Corporations Act 2001, indicating compliance with relevant legal provisions and enhancing liquidity for stakeholders.

More about Develop Global Limited

Develop Global Limited operates in the mining industry, focusing on the development and management of mining projects. The company’s primary activities include exploration and production of mineral resources, with a market focus on expanding its mining operations and partnerships.

YTD Price Performance: 4.48%

Average Trading Volume: 3,236

Technical Sentiment Signal: Hold

Current Market Cap: $567.8M

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

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