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Ora Gold ( (AU:NMG) ) has provided an update.
New Murchison Gold Limited announced the issuance of 10,000,000 fully paid ordinary shares to its employees following the exercise of vested employee options. This move, executed without disclosure to investors under specific provisions of the Corporations Act, reflects the company’s compliance with regulatory requirements and supports its employee incentive schemes.
More about Ora Gold
New Murchison Gold Limited operates in the gold mining industry, focusing on the exploration and development of gold projects. The company’s primary project is the Garden Gully Gold Project, and it is publicly traded on the ASX under the code NMG.
Average Trading Volume: 32,983,450
Technical Sentiment Signal: Buy
Current Market Cap: A$367.3M
Learn more about NMG stock on TipRanks’ Stock Analysis page.