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Golden Mile Resources Announces Proposed Issue of Securities

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Golden Mile Resources Announces Proposed Issue of Securities

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Golden Mile Resources Ltd. ( (AU:G88) ) has issued an update.

Golden Mile Resources Ltd has announced a proposed issue of 16 million options with an exercise price of $0.01, expiring on December 19, 2027. This move is part of a placement or other type of issue, with the proposed issue date set for December 5, 2025. The issuance of these securities is intended to be quoted on the ASX, which could potentially enhance the company’s financial flexibility and market positioning.

More about Golden Mile Resources Ltd.

Golden Mile Resources Ltd is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code G88.

Average Trading Volume: 2,133,186

Technical Sentiment Signal: Sell

Current Market Cap: A$4.35M

See more insights into G88 stock on TipRanks’ Stock Analysis page.

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