Discovery Alaska issues new shares tied to Boulder Creek project

Discovery Alaska Limited ( (AU:DAF) ) just unveiled an announcement.

Discovery Alaska Limited has issued 2,000,000 fully paid ordinary shares as consideration related to its Boulder Creek gold-silver project, lifting its total ordinary shares on issue to 258,359,698. The company also has 6,425,000 unlisted options on issue across two series, reflecting an ongoing capital structure aligned with its project development commitments.

In a cleansing notice to the ASX, the company said the new securities were issued without a prospectus under the Corporations Act and confirmed it is compliant with its financial reporting and continuous disclosure obligations. Discovery Alaska added that there is no undisclosed information material to assessing its financial position, prospects or the rights attached to the new securities, offering reassurance to investors about transparency and regulatory compliance.

The most recent analyst rating on (AU:DAF) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Discovery Alaska Limited stock, see the AU:DAF Stock Forecast page.

More about Discovery Alaska Limited

Discovery Alaska Limited is an Australia-based mineral exploration company listed on the ASX, focused on advancing precious metals projects, including the Boulder Creek gold-silver project. The company’s activities centre on acquiring and developing resource assets, with a view to expanding its portfolio and creating value through exploration success and project advancement.

Average Trading Volume: 200,276

Technical Sentiment Signal: Buy

Current Market Cap: A$4.87M

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