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An announcement from First AU Ltd. ( (AU:FAU) ) is now available.
First AU Limited has issued 100,000,000 fully paid ordinary shares at $0.0035 per share to Hamak Gold Limited, marking the completion of Stage-1 in a three-stage acquisition of the Nimba Gold Project in Liberia. This strategic move enhances First AU’s position in the gold mining sector, potentially increasing its market presence and offering new opportunities for growth and development.
More about First AU Ltd.
First AU Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in acquiring and developing gold projects, with a market focus on expanding its portfolio in strategic locations.
Current Market Cap: A$12.58M
For detailed information about FAU stock, go to TipRanks’ Stock Analysis page.