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Golden Mile Resources Ltd. ( (AU:G88) ) has shared an announcement.
Golden Mile Resources Ltd has announced a proposed issue of securities, including options with an exercise price of $0.01 expiring on December 19, 2027, and 85,137,178 ordinary fully paid shares. This move is part of a placement or other type of issue, with the proposed issue date set for September 1, 2025. This issuance could potentially impact the company’s market position by increasing its capital base, which may be used to further its exploration and development activities, thereby affecting stakeholders’ interests.
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
For a thorough assessment of G88 stock, go to TipRanks’ Stock Analysis page.