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Golden Mile Resources Ltd Announces Share Issuance Exemption

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Golden Mile Resources Ltd Announces Share Issuance Exemption

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An update from Golden Mile Resources Ltd. ( (AU:G88) ) is now available.

Golden Mile Resources Ltd has issued 81,637,178 ordinary shares, which are now exempt from on-sale restrictions under Section 708A (5) of the Corporations Act 2001. This move aligns with the company’s compliance with relevant legislative provisions and supports its strategic growth initiatives, potentially enhancing its market position and offering new opportunities for stakeholders.

More about Golden Mile Resources Ltd.

Golden Mile Resources Ltd (ASX: G88) is a project development and mineral exploration company. The company focuses on expanding through a multi-asset and multi-commodity strategy, advancing core projects, acquiring high-quality assets, and forming tactical alliances with joint venture partners.

Average Trading Volume: 2,081,127

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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