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West Wits Mining Issues 8.9 Million Shares on Option Exercise

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West Wits Mining Issues 8.9 Million Shares on Option Exercise

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West Wits Mining Limited ( (AU:WWI) ) has issued an update.

West Wits Mining Limited has issued 8,918,700 fully paid ordinary shares following the exercise of an equivalent number of quoted WWIO options. The company advised that these shares were issued without a disclosure document under the Corporations Act, but confirmed it remains compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information, signalling a routine capital management move with no undisclosed material issues for investors.

The most recent analyst rating on (AU:WWI) stock is a Sell with a A$0.08 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

Average Trading Volume: 13,167,420

Technical Sentiment Signal: Buy

Current Market Cap: A$349.8M

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

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