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Dundas Minerals Limited ( (AU:DUN) ) has issued an announcement.
Dundas Minerals Limited has issued 26,766,669 fully paid ordinary shares, including shares for a new Managing Director as part of their remuneration package. This issuance, conducted without investor disclosure under specific sections of the Corporations Act, reflects the company’s compliance with relevant legal provisions and supports its strategic objectives in exploration and management expansion.
More about Dundas Minerals Limited
Dundas Minerals Limited is an exploration company operating in the gold-rich Kalgoorlie region and the southern Albany-Fraser Orogen in Western Australia. The company focuses on gold, copper, and nickel exploration, holding an option agreement with Horizon Minerals Limited to acquire significant interests in gold projects and various exploration licenses.
Average Trading Volume: 269,290
Technical Sentiment Signal: Buy
Current Market Cap: A$4.29M
For a thorough assessment of DUN stock, go to TipRanks’ Stock Analysis page.