Pacgold Issues New Shares Under Cleansing Notice While Advancing Gold Projects

Pacgold Limited ( (AU:PGO) ) has shared an announcement.

Pacgold Limited has issued 749,999 fully paid ordinary shares that are part of its existing quoted class on the ASX, using provisions that allow the securities to be issued without a full prospectus-style disclosure. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations under the Corporations Act and stated there is no excluded information that investors are not aware of, signalling that the share issue is being conducted within standard regulatory and transparency frameworks.

Pacgold Limited is an ASX-listed mineral exploration company focused on gold and antimony projects in North Queensland and South Australia. Its flagship Alice River Gold Project in Queensland covers 377 square kilometres within a large intrusion-related gold system, complemented by the St George Gold-Antimony Project in a key antimony province and the recently acquired White Dam Gold Operation in South Australia, which provides near-term production and cash flow potential.

The most recent analyst rating on (AU:PGO) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Pacgold Limited stock, see the AU:PGO Stock Forecast page.

More about Pacgold Limited

Pacgold Limited is an ASX-listed mineral exploration company focused on gold and antimony projects in North Queensland and South Australia. Its flagship Alice River Gold Project in Queensland covers 377 square kilometres within a large intrusion-related gold system, complemented by the St George Gold-Antimony Project in a key antimony province and the recently acquired White Dam Gold Operation in South Australia, which provides near-term production and cash flow potential.

Average Trading Volume: 3,573,017

Technical Sentiment Signal: Buy

Current Market Cap: A$73.47M

See more data about PGO stock on TipRanks’ Stock Analysis page.