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Pacgold Limited ( (AU:PGO) ) has provided an update.
Pacgold Limited has issued 15,000,000 fully paid ordinary shares, which are part of a class of securities quoted on the ASX. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act 2001. The company has complied with relevant legal provisions and there is no excluded information related to this issuance. This move is part of Pacgold’s strategy to enhance its financial position and support its growth and exploration activities.
More about Pacgold Limited
Pacgold Limited is an ASX-listed mineral exploration company with projects in North Queensland and South Australia. The company’s primary focus is on the Alice River Gold Project in Queensland, which is part of a significant gold system. Additionally, Pacgold is involved in the St George Gold-Antimony Project and has acquired the White Dam Gold Operation in South Australia to transition into a producer and generate near-term revenue.
Average Trading Volume: 2,234,125
Technical Sentiment Signal: Sell
Current Market Cap: A$25.85M
Learn more about PGO stock on TipRanks’ Stock Analysis page.