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An announcement from Ora Gold ( (AU:NMG) ) is now available.
New Murchison Gold Limited has issued 2,000,000 fully paid ordinary shares to its employees following the exercise of vested employee options. This issuance was conducted without investor disclosure under the Corporations Act, and the company has confirmed compliance with relevant legislative provisions, indicating a strategic move to incentivize its workforce and potentially enhance its operational capabilities.
More about Ora Gold
New Murchison Gold Limited operates in the gold mining industry, focusing on the exploration and development of gold projects. Their primary project is the Garden Gully Gold Project, and they are listed on the Australian Securities Exchange under the code NMG.
YTD Price Performance: 172.73%
Average Trading Volume: 24,380,415
Technical Sentiment Signal: Buy
Current Market Cap: A$323.7M
For a thorough assessment of NMG stock, go to TipRanks’ Stock Analysis page.