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Sunshine Gold Ltd ( (AU:SHN) ) has issued an announcement.
Sunshine Metals Limited has announced the issuance of 12,829,533 fully paid ordinary shares at $0.015 each, following the exercise of options. This move is expected to enhance the company’s capital structure without the need for disclosure under Part 6D.2 of the Corporations Act. The shares are part of a class of securities quoted on the ASX, indicating potential future liquidity for investors. The company has confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information that needs to be disclosed, suggesting transparency and adherence to regulatory requirements.
More about Sunshine Gold Ltd
Sunshine Metals Limited is a company listed on the Australian Securities Exchange (ASX) under the ticker SHN. The company operates in the metals industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 11,249,342
Technical Sentiment Signal: Buy
Current Market Cap: A$75.05M
See more insights into SHN stock on TipRanks’ Stock Analysis page.