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Riversgold Issues 205 Million New Shares and Lodges Cleansing Notice

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Riversgold Issues 205 Million New Shares and Lodges Cleansing Notice

Meet Samuel – Your Personal Investing Prophet

An announcement from Riversgold Ltd. ( (AU:RGL) ) is now available.

Riversgold Ltd has issued 205 million new ordinary shares, as recorded in Appendices 2A lodged with the ASX, and has formally notified the market via a cleansing notice under section 708A of the Corporations Act 2001. The company confirms it issued the shares without a disclosure document in reliance on the Act’s provisions, states it is up to date with its financial reporting and continuous disclosure obligations, and advises that there is no excluded information, providing regulatory clarity for investors and maintaining compliance with Australian corporate law.

The most recent analyst rating on (AU:RGL) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Riversgold Ltd. stock, see the AU:RGL Stock Forecast page.

More about Riversgold Ltd.

Riversgold Ltd (ASX:RGL) is an Australian-listed company operating in the resources sector, focused on exploration and development activities, with its shares traded on the Australian Securities Exchange.

Average Trading Volume: 41,172,135

Technical Sentiment Signal: Hold

Current Market Cap: A$37.51M

For a thorough assessment of RGL stock, go to TipRanks’ Stock Analysis page.

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