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Ora Gold ( (AU:NMG) ) has issued an announcement.
New Murchison Gold Limited has issued 10 million fully paid ordinary shares to its employees following the exercise of vested employee options. This move, compliant with the Corporations Act, enhances employee engagement and aligns with corporate governance standards, potentially impacting the company’s market position and shareholder value.
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 publicly traded under the ASX code NMG.
YTD Price Performance: 218.18%
Average Trading Volume: 34,890,624
Technical Sentiment Signal: Buy
Current Market Cap: A$389.2M
Learn more about NMG stock on TipRanks’ Stock Analysis page.