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West Coast Silver Clears New Placement Shares for Secondary Trading

Story Highlights
  • West Coast Silver has completed issuing 16,842,105 new fully paid ordinary shares via a placement.
  • A cleansing notice confirms the new shares qualify for on-sale exemption and that disclosure obligations are met.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Coast Silver Clears New Placement Shares for Secondary Trading

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Errawarra Resources Ltd. ( (AU:WCE) ) has issued an announcement.

West Coast Silver Limited has issued 16,842,105 fully paid ordinary shares pursuant to a previously announced placement, with the new securities now formally recorded following lodgement of an Appendix 2A with the ASX. By lodging a cleansing notice under section 708A(5)(e) of the Corporations Act, the company confirms that these shares were issued without a prospectus yet qualify for on-sale exemption, while also affirming its ongoing compliance with key financial reporting and continuous disclosure obligations, thereby facilitating secondary trading and signalling regulatory diligence to investors.

More about Errawarra Resources Ltd.

West Coast Silver Limited is an ASX-listed company (ASX: WCE) based in West Perth, Western Australia, operating in the resources sector with a focus implied by its name on silver and related mineral exploration and development activities.

Average Trading Volume: 2,647,870

Technical Sentiment Signal: Buy

Current Market Cap: A$81.8M

See more data about WCE stock on TipRanks’ Stock Analysis page.

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