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West Coast Silver Issues 1 Million New Shares Under Options Exercise

Story Highlights
  • West Coast Silver issued 1,000,000 new fully paid ordinary shares after option exercises.
  • A cleansing notice confirms the shares are tradeable and the company is compliant.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Coast Silver Issues 1 Million New Shares Under Options Exercise

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

West Coast Silver Limited has issued 1,000,000 fully paid ordinary shares following the exercise of options, as detailed in its latest ASX filing. The company confirmed that these new shares were issued without a prospectus under the Corporations Act disclosure exemptions.

By lodging a cleansing notice, West Coast Silver has ensured that the new shares can be freely traded under the relevant legal provisions, affirming its compliance with financial reporting and continuous disclosure obligations. The statement also indicates there is no undisclosed price-sensitive information, providing reassurance to current and prospective shareholders about regulatory transparency.

More about Errawarra Resources Ltd.

West Coast Silver Limited is an ASX-listed resources company focused on silver, operating out of West Perth in Western Australia. The company is part of the mining and exploration sector, providing investors with exposure to silver-related projects and associated resource development opportunities in the region.

Average Trading Volume: 2,343,719

Technical Sentiment Signal: Buy

Current Market Cap: A$66.43M

Learn more about WCE stock on TipRanks’ Stock Analysis page.

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