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The latest announcement is out from Orange Minerals NL ( (AU:OMX) ).
Orange Minerals NL has issued 1,500,000 shares without a disclosure document under section 708A(5)(e) of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information to disclose. This move reflects Orange Minerals’ strategic efforts to enhance its financial standing and support its aggressive exploration programs across its key mineral projects in Australia.
More about Orange Minerals NL
Orange Minerals NL is an exploration company listed on the ASX, focusing on Australian-based projects in the NSW Lachlan Fold Belt, WA Eastern Gold Fields, and Pilbara. These regions are known for their world-class mineral provinces, with significant mines such as Cadia/Ridgeway and North Parkes. The company is actively exploring its tenements, particularly targeting the Calarie & Wisemans Creek gold/base metal Projects in NSW, and the Majestic/Kurnalpi gold, Lennon’s Find Base Metal, and Mulga Rocks Uranium/Critical Minerals Projects in WA.
Average Trading Volume: 242,920
Technical Sentiment Signal: Buy
For an in-depth examination of OMX stock, go to TipRanks’ Overview page.