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West Wits Mining Issues 1.5 Million Shares on Option Exercise

Story Highlights
  • West Wits Mining issued 1.5 million new ordinary shares from exercised unlisted options.
  • The company confirmed full regulatory compliance and no undisclosed material information for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Wits Mining Issues 1.5 Million Shares on Option Exercise

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West Wits Mining Limited ( (AU:WWI) ) has provided an announcement.

West Wits Mining Limited has issued 1,500,000 fully paid ordinary shares following the exercise of an equivalent number of unlisted options, expanding its share capital without a prospectus under the relevant provisions of the Corporations Act. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations, noted there is no excluded information that would need to be disclosed to investors, and lodged the required Appendix 2A with the ASX, signalling routine capital management that maintains regulatory transparency for shareholders.

The most recent analyst rating on (AU:WWI) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on West Wits Mining Limited stock, see the AU:WWI Stock Forecast page.

More about West Wits Mining Limited

West Wits Mining Limited is an ASX-listed resources company (ASX: WWI). The company is engaged in mining and exploration activities, issuing ordinary shares to fund operations and support its projects within the broader resources and mining sector.

Average Trading Volume: 18,524,439

Technical Sentiment Signal: Buy

Current Market Cap: A$222.5M

For detailed information about WWI stock, go to TipRanks’ Stock Analysis page.

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