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West Coast Silver Issues New Shares and Updates on Munni Munni Tenements

Story Highlights
  • West Coast Silver has issued over 1.06 million new shares via option exercise and fee shares.
  • Ongoing Munni Munni negotiations are not expected to change existing commercial arrangements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Coast Silver Issues New Shares and Updates on Munni Munni Tenements

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An update from Errawarra Resources Ltd. ( (AU:WCE) ) is now available.

West Coast Silver Limited has issued 51,429 fully paid ordinary shares upon the exercise of options and 1,010,526 fully paid ordinary shares in lieu of fees for services under a placement, with the company lodging the details with the ASX and confirming that these shares were issued without a prospectus under the relevant Corporations Act exemptions. The company also highlighted ongoing discussions with GreenTech Metals and Alien Metals regarding a mineral rights deed over the Munni Munni Tenements, confirming that these negotiations are not expected to alter previously disclosed commercial arrangements and that it will continue to update the market in line with its disclosure obligations.

More about Errawarra Resources Ltd.

West Coast Silver Limited is an ASX-listed resources company focused on silver interests, including its stake in the Munni Munni Tenements in Western Australia, where it holds silver rights alongside other parties involved in broader mineral transactions.

Average Trading Volume: 2,726,866

Technical Sentiment Signal: Buy

Current Market Cap: A$94.69M

For an in-depth examination of WCE stock, go to TipRanks’ Overview page.

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