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Moho Resources Issues Shares to Bolster Capital Structure

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Moho Resources Issues Shares to Bolster Capital Structure

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The latest announcement is out from Moho Resources Ltd. ( (AU:MOH) ).

Moho Resources Ltd announced the issuance of 123,814,643 shares without a disclosure document, in compliance with the Corporations Act. This move aligns with regulatory requirements and reflects the company’s ongoing efforts to strengthen its capital structure, potentially impacting its operational capabilities and investor engagement.

More about Moho Resources Ltd.

Moho Resources Ltd is an Australian natural resources company focused on advancing early-stage gold and other metals projects in Western Australia. The company controls a 100% interest in its portfolio, with priority projects being the Bush Chook Gold Project in the Pilbara Craton and the Silver Swan North Project in the Yilgarn Craton. The Board is chaired by Peter Christie, supported by Bryce Gould and Greta Purich, bringing a mix of financial, advisory, and technical expertise.

Average Trading Volume: 8,559,708

Technical Sentiment Signal: Sell

Current Market Cap: A$6.24M

Learn more about MOH stock on TipRanks’ Stock Analysis page.

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