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West Wits Mining Limited ( (AU:WWI) ) has provided an update.
West Wits Mining Limited has announced a prospectus for the issuance of new options with an exercise price of $0.0385, expiring two years from the issue date. The offers include up to 326,159,085 new options for participants in a placement and 12,915,950 new options for lenders. These offers were approved by shareholders and are available only to specified parties, closing on September 5, 2025. This strategic move aims to strengthen the company’s financial position and support its ongoing projects, potentially impacting its market standing and stakeholder interests.
More about West Wits Mining Limited
West Wits Mining Limited is a company operating in the mining industry, primarily focused on the exploration and development of gold mining projects. The company is listed on the Australian Securities Exchange under the code WWI and is headquartered in Melbourne, Australia.
Average Trading Volume: 11,185,088
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$108.4M
See more insights into WWI stock on TipRanks’ Stock Analysis page.