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West Wits Mining Issues New Shares on Exercise of Options

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West Wits Mining Issues New Shares on Exercise of Options

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

West Wits Mining Limited has issued 2,360,748 new fully paid ordinary shares following the exercise of an equivalent number of quoted options, increasing its share capital base. The company confirmed the shares were issued without a prospectus under the Corporations Act’s cleansing provisions, stated it remains compliant with its continuous disclosure and financial reporting obligations, and noted there is no excluded information, signalling regulatory transparency around the capital increase for existing and potential shareholders.

The most recent analyst rating on (AU:WWI) stock is a Sell with a A$0.07 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: 13,550,286

Technical Sentiment Signal: Buy

Current Market Cap: A$347.5M

Learn more about WWI stock on TipRanks’ Stock Analysis page.

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