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New Murchison Gold Issues Shares to CEO, Ensures Regulatory Compliance

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New Murchison Gold Issues Shares to CEO, Ensures Regulatory Compliance

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Ora Gold ( (AU:NMG) ) has provided an update.

New Murchison Gold Limited announced the issuance of 49,038,547 fully paid ordinary shares to its CEO following the exercise of vested equity securities. This move was made without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legislative requirements, indicating transparency and adherence to regulatory standards.

More about Ora Gold

New Murchison Gold Limited operates in the gold mining industry, focusing on the exploration and development of gold projects. Its primary project is the Garden Gully Gold Project, and the company is listed on the Australian Securities Exchange under the code NMG.

YTD Price Performance: 81.82%

Average Trading Volume: 16,053,670

Technical Sentiment Signal: Buy

Current Market Cap: A$215.6M

See more insights into NMG stock on TipRanks’ Stock Analysis page.

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