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Haranga Resources Issues Shares on Option Exercise as Lincoln Drilling Progresses

Story Highlights
  • Haranga Resources issued 1,924,805 new shares after holders exercised unlisted options at $0.08 each.
  • The company affirmed regulatory compliance and highlighted ongoing drilling at its Lincoln Gold Project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Haranga Resources Issues Shares on Option Exercise as Lincoln Drilling Progresses

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Haranga Resources Limited ( (AU:HAR) ) just unveiled an announcement.

Haranga Resources has issued 1,924,805 new fully paid ordinary shares following the exercise of an equivalent number of unlisted options at $0.08 each, with the options set to expire in June 2028. The company confirmed the share issue was completed without a disclosure document under the Corporations Act, stated it remains compliant with its financial reporting and continuous disclosure obligations, and noted that drilling at its Lincoln Gold Project is ongoing, with results to be released to the market in due course.

The most recent analyst rating on (AU:HAR) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Haranga Resources Limited stock, see the AU:HAR Stock Forecast page.

More about Haranga Resources Limited

Haranga Resources Limited (ASX:HAR) is an Australian-listed resources company active in mineral exploration, with a portfolio that includes the Lincoln Gold Project. The company focuses on advancing its exploration programs and reporting results in line with Australian continuous disclosure requirements.

Average Trading Volume: 1,996,894

Technical Sentiment Signal: Buy

Current Market Cap: A$70.46M

For an in-depth examination of HAR stock, go to TipRanks’ Overview page.

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