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

Story Highlights
  • West Wits Mining has issued 6,350,832 new ordinary shares through the exercise of options.
  • The company affirms full compliance with disclosure requirements, enabling free trading of the new shares on ASX.
  • 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) ) has provided an announcement.

West Wits Mining Limited has issued 6,350,832 new fully paid ordinary shares following the exercise of options, expanding its share capital without a full prospectus-style disclosure. The company confirmed it has met its continuous disclosure and financial reporting obligations under the Corporations Act and that there is no excluded information, positioning the new shares to trade freely on the ASX and signaling regulatory compliance to existing and prospective investors.

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: 14,474,119

Technical Sentiment Signal: Buy

Current Market Cap: A$326.6M

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

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