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Predictive Discovery Limited Issues New Shares Amid Ongoing Exploration

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Predictive Discovery Limited Issues New Shares Amid Ongoing Exploration

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The latest announcement is out from Predictive Discovery Limited ( (AU:PDI) ).

Predictive Discovery Limited has issued and allotted 91,090,720 fully paid ordinary shares at $0.265 per share to Institutional and Sophisticated Investors without disclosure under Part 6D.2 of the Corporations Act 2001. This action aligns with compliance requirements and supports the company’s ongoing activities at the Bankan Gold Project, though recent assay results remain incomplete and not ready for market release.

More about Predictive Discovery Limited

Predictive Discovery Limited is a company engaged in the mining industry, with a focus on exploration and drilling projects. Its primary activities include ongoing exploration at the Bankan Gold Project, aiming to enhance its presence in the gold mining sector.

YTD Price Performance: 52.17%

Average Trading Volume: 2,017,804

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$822.8M

For an in-depth examination of PDI stock, go to TipRanks’ Stock Analysis page.

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