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An announcement from Ora Gold ( (AU:NMG) ) is now available.
New Murchison Gold Limited has announced a proposed issue of securities, with a maximum of 705,882,353 ordinary fully paid shares to be issued. This move, set to take place on July 2, 2025, is part of a placement or other type of issue and is aimed at enhancing the company’s capital structure. The announcement indicates a strategic effort to strengthen the company’s financial position, potentially impacting its market standing and offering new opportunities for stakeholders.
More about Ora Gold
YTD Price Performance: 63.64%
Average Trading Volume: 18,112,559
Technical Sentiment Signal: Buy
Current Market Cap: A$177.3M
Find detailed analytics on NMG stock on TipRanks’ Stock Analysis page.