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Victory Goldfields Limited ( (AU:VTM) ) has shared an announcement.
Victory Metals Limited has issued 250,000 fully paid ordinary shares under section 708A(5) of the Corporations Act 2001, which allows for the on-sale of securities without disclosure. This move is part of Victory’s ongoing compliance with regulatory provisions and supports its strategic focus on developing its rare earth and critical mineral assets in Western Australia. The announcement indicates that there is no undisclosed information that would impact investors’ assessments of the company’s financial position or the rights attached to the shares.
More about Victory Goldfields Limited
Victory Metals Limited is an exploration and development company focused on Heavy Rare Earth Elements and critical minerals in the Cue Region of Western Australia. The company’s key assets are located in the Midwest region, about 665km from Perth, and include a rapidly evolving clay REE discovery with high ratios of Heavy Rare Earth Oxides and Critical Magnet Metals such as NdPr + DyTb.
Average Trading Volume: 341,087
Technical Sentiment Signal: Buy
Current Market Cap: A$95.32M
Learn more about VTM stock on TipRanks’ Stock Analysis page.