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Sunshine Gold Ltd ( (AU:SHN) ) has issued an update.
Sunshine Metals Limited has issued 3,972,584 fully paid ordinary shares following the exercise of options, without the need for disclosure under Part 6D.2 of the Corporations Act. This move allows the company to facilitate the on-sale of these shares under an exemption, pending approval from the Supreme Court of Western Australia, ensuring compliance with relevant legal provisions and maintaining transparency for stakeholders.
More about Sunshine Gold Ltd
Sunshine Metals Limited, trading on the ASX under the symbol SHN, operates in the metals industry. The company focuses on the exploration and development of mineral resources, contributing to the supply chain of raw materials essential for various industrial applications.
Average Trading Volume: 13,184,756
Technical Sentiment Signal: Buy
Current Market Cap: A$53.89M
Find detailed analytics on SHN stock on TipRanks’ Stock Analysis page.