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Nagambie Resources Initiates Trading Halt for Capital Raising Announcement

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Nagambie Resources Initiates Trading Halt for Capital Raising Announcement

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Nagambie Resources Limited ( (AU:NAG) ) has provided an update.

Nagambie Resources Limited has requested a trading halt on its securities pending an announcement regarding a capital raising. This move is aimed at finalizing the terms of the capital raising, which could impact the company’s financial position and market operations. The halt will remain in place until the announcement is made or normal trading resumes on August 1, 2025.

More about Nagambie Resources Limited

Nagambie Resources Limited operates in the mining industry, focusing on resource exploration and development. The company is primarily involved in gold mining and exploration activities, with a market focus on expanding its resource base and capitalizing on potential mining opportunities.

YTD Price Performance: -11.11%

Average Trading Volume: 552,068

Technical Sentiment Signal: Sell

Current Market Cap: A$12.85M

See more data about NAG stock on TipRanks’ Stock Analysis page.

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