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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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Ora Gold ( (AU:NMG) ) has shared an announcement.

New Murchison Gold Limited announced the issuance of 2,000,000 fully paid ordinary shares to its employees following the exercise of vested employee options. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, reflects the company’s compliance with relevant legal provisions and aims to enhance employee engagement and retention.

More about Ora Gold

New Murchison Gold Limited operates in the mining industry, focusing on gold exploration and development projects. Its primary project is the Garden Gully Gold Project, and it is publicly traded on the ASX under the code NMG.

YTD Price Performance: 127.27%

Average Trading Volume: 18,757,995

Technical Sentiment Signal: Buy

Current Market Cap: A$258.9M

For detailed information about NMG stock, go to TipRanks’ Stock Analysis page.

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