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Mithril Silver and Gold Issues New Shares on Option Exercise Under Section 708A Exemption

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Mithril Silver and Gold Issues New Shares on Option Exercise Under Section 708A Exemption

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Mithril Resources Ltd ( (AU:MTH) ) has provided an announcement.

Mithril Silver and Gold Limited has issued 95,834 new ordinary shares following the exercise of an equivalent number of unlisted options at an exercise price of C$0.36, modestly increasing its share capital. The company has lodged a notice under section 708A of the Corporations Act 2001 confirming that these shares were issued without a prospectus but can now be freely traded under the Act’s exemption provisions, and stating it remains compliant with its continuous disclosure and reporting obligations, signaling regulatory transparency for existing and prospective investors.

The most recent analyst rating on (AU:MTH) stock is a Hold with a A$0.49 price target. To see the full list of analyst forecasts on Mithril Resources Ltd stock, see the AU:MTH Stock Forecast page.

More about Mithril Resources Ltd

Mithril Silver and Gold Limited is a precious metals company focused on silver and gold, with its shares listed on the ASX, TSX Venture Exchange and OTCQB, providing access to both Australian and North American capital markets.

Average Trading Volume: 691,195

Technical Sentiment Signal: Sell

Current Market Cap: A$92.26M

Find detailed analytics on MTH stock on TipRanks’ Stock Analysis page.

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