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Nagambie Resources Issues Unquoted Options to Boost Capital

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Nagambie Resources Issues Unquoted Options to Boost Capital

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The latest update is out from Nagambie Resources Limited ( (AU:NAG) ).

Nagambie Resources Limited has announced the issuance of 19,150,000 unquoted options, each with an exercise price of $0.07 and an expiry date of December 1, 2030. This move could potentially impact the company’s financial strategy and stakeholder interests by providing additional capital and aligning with long-term growth objectives.

The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.

More about Nagambie Resources Limited

YTD Price Performance: -27.78%

Average Trading Volume: 1,947,131

Technical Sentiment Signal: Sell

Current Market Cap: A$11.66M

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

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