Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Golden Mile Resources Ltd. ( (AU:G88) ) has issued an announcement.
Golden Mile Resources has issued 116,666,667 new ordinary shares on 13 March 2026 and has notified the market that these securities qualify for on-sale without disclosure under the Corporations Act. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information, providing regulatory clarity for investors regarding the tradability of the newly issued shares.
By lodging this notice within the required five business days, Golden Mile ensures the new securities fall under the Section 708A(5) exemption, facilitating liquidity for participating investors. The announcement, authorised by the board, underscores adherence to Australian corporate law and supports orderly secondary market trading in the company’s expanded share capital.
The most recent analyst rating on (AU:G88) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Golden Mile Resources Ltd. stock, see the AU:G88 Stock Forecast page.
More about Golden Mile Resources Ltd.
Golden Mile Resources Ltd is an Australian-listed company on the ASX under the ticker G88, operating in the resources sector. The company is focused on mineral exploration and related activities, aiming to develop and advance resource projects within Australia for investors and stakeholders.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.78M
See more insights into G88 stock on TipRanks’ Stock Analysis page.