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Godolphin Resources Limited ( (AU:GRL) ) just unveiled an update.
Godolphin Resources Limited announced the issuance of 4,166,667 fully paid ordinary shares at $0.012 per share, as approved by shareholders. This move aligns with the company’s compliance with the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements. The issuance of shares is part of Godolphin’s strategic efforts to enhance its financial position and support its ongoing exploration and development projects, potentially impacting its market standing and stakeholder value.
More about Godolphin Resources Limited
Godolphin Resources Limited is an ASX-listed resources company focused on exploring and developing critical minerals and metals within the Lachlan Fold Belt in New South Wales, Australia. The company is committed to sustainability and aims to contribute to the clean energy transition through its projects, which include the Lewis Ponds Gold and Silver Project, the Narraburra REE Project, and the Yeoval Cu-Au and Mt Aubrey Au Projects.
Average Trading Volume: 4,248,293
Technical Sentiment Signal: Buy
Current Market Cap: A$10.44M
See more data about GRL stock on TipRanks’ Stock Analysis page.