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New Murchison Gold Issues Shares to Employees

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New Murchison Gold Issues Shares to Employees

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The latest update is out from Ora Gold ( (AU:NMG) ).

New Murchison Gold Limited has announced the issuance of 6,800,000 fully paid ordinary shares to its employees following the exercise of vested employee options. This move, executed without disclosure to investors under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and reflects its ongoing commitment to employee incentives.

More about Ora Gold

Ora Gold, operating under the name New Murchison Gold Limited, is a company in the gold mining industry. It focuses on the exploration and development of gold projects, with its primary project being the Garden Gully Gold Project.

YTD Price Performance: 72.73%

Average Trading Volume: 16,085,797

Technical Sentiment Signal: Buy

Current Market Cap: A$215.6M

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

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