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Sunshine Gold Ltd ( (AU:SHN) ) has issued an update.
Sunshine Metals Limited has announced the issuance of 22,099,120 fully paid ordinary shares, which includes shares issued through the exercise of options and a placement to directors approved at the recent Annual General Meeting. This move, executed without disclosure under Part 6D.2 of the Corporations Act, aligns with the company’s compliance with relevant legal provisions and indicates a strategic effort to enhance its capital structure.
More about Sunshine Gold Ltd
Average Trading Volume: 12,619,303
Technical Sentiment Signal: Buy
Current Market Cap: A$63.6M
For detailed information about SHN stock, go to TipRanks’ Stock Analysis page.