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The latest update is out from Errawarra Resources Ltd. ( (AU:WCE) ).
West Coast Silver Limited has issued 1,000,000 fully paid ordinary shares following the exercise of options, as detailed in a recent filing with the Australian Securities Exchange. The company has confirmed that these shares were issued without a prospectus under the relevant Corporations Act provisions and that their on-sale will be exempt from disclosure requirements under section 708A(5).
The board stated that West Coast Silver remains compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure at this time. The cleansing notice effectively facilitates secondary trading of the newly issued shares, providing clarity and regulatory assurance to investors and market participants regarding the status of the securities.
More about Errawarra Resources Ltd.
West Coast Silver Limited is an ASX-listed company (ASX:WCE) operating in the resources sector, with its registered office in West Perth, Western Australia. The company’s activities are centred on exploration and development within the silver and broader minerals market, targeting investors seeking exposure to mining and resource-based opportunities.
Average Trading Volume: 3,376,563
Technical Sentiment Signal: Buy
Current Market Cap: A$68M
For detailed information about WCE stock, go to TipRanks’ Stock Analysis page.