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Golden Deeps Issues Shares to Fulfill Namibian Asset Acquisition

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Golden Deeps Issues Shares to Fulfill Namibian Asset Acquisition

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The latest update is out from Golden Deeps Limited ( (AU:GED) ).

Golden Deeps Limited announced the issuance of 2.5 million fully paid ordinary shares to fulfill obligations related to the acquisition of Namibian assets. This move follows the consolidation of shares and reflects the company’s strategic adjustment to its agreement with the Vendor, showcasing the company’s operational adaptability and commitment to its asset acquisition strategy.

More about Golden Deeps Limited

Golden Deeps Limited is a company operating in the mining industry with a focus on acquiring and developing mineral resource projects. The company’s market activities include managing assets in Namibia and engaging in the exploration and development of mineral resources.

YTD Price Performance: -8.00%

Average Trading Volume: 322,480

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.49M

See more insights into GED stock on TipRanks’ Stock Analysis page.

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