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The latest update is out from First AU Ltd. ( (AU:FAU) ).
First AU Limited has issued 5,000,000 fully paid ordinary shares and 20,000,000 unlisted options to VS Capital Group Limited as compensation for services related to a capital raise and the acquisition of the Nimba Gold Project. This move reflects the company’s strategic efforts to strengthen its financial position and advance its mining projects, potentially impacting its market positioning and stakeholder interests.
More about First AU Ltd.
First AU Limited is a company operating in the mining industry, focusing on gold exploration and development projects. It is involved in acquiring and developing mineral resources, with a particular emphasis on projects like the Nimba Gold Project.
Average Trading Volume: 49,461,400
Current Market Cap: A$23.55M
See more insights into FAU stock on TipRanks’ Stock Analysis page.