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Nagambie Resources Limited ( (AU:NAG) ) just unveiled an update.
Nagambie Resources Limited has applied to the ASX for quotation of 100,000,000 new ordinary fully paid shares under the code NAG, following shareholder approval at a general meeting held on 9 April 2026. The capital raising, detailed in an earlier notice to shareholders, will expand the company’s quoted capital base and may support future operational and exploration initiatives, potentially influencing its funding flexibility and market positioning.
More about Nagambie Resources Limited
Nagambie Resources Limited is an ASX-listed resources company operating under the ticker NAG. It issues ordinary fully paid shares to fund its activities in the mining and exploration sector, targeting investors in the Australian securities market.
YTD Price Performance: 9.09%
Average Trading Volume: 4,115,609
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$13.94M
See more insights into NAG stock on TipRanks’ Stock Analysis page.