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West Wits Mining Issues New Shares on Option Exercise, Confirms Regulatory Compliance

Story Highlights
  • West Wits Mining issued 1,317,568 new shares after options were exercised.
  • The company affirmed compliance with reporting and disclosure rules, with no excluded information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Wits Mining Issues New Shares on Option Exercise, Confirms Regulatory Compliance

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West Wits Mining Limited ( (AU:WWI) ) just unveiled an announcement.

West Wits Mining Limited has issued 1,317,568 fully paid ordinary shares upon the exercise of unlisted options, expanding its share capital without undertaking a public disclosure under Part 6D.2 of the Corporations Act. The company confirmed it remains compliant with key financial reporting and continuous disclosure obligations under the Corporations Act, and stated there is no excluded information relevant to the new share issue, providing regulatory assurance to existing and potential investors about the transparency and legality of the capital change.

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

Average Trading Volume: 16,360,500

Technical Sentiment Signal: Buy

Current Market Cap: A$242M

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

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