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West Wits Mining Issues New Shares on Option Exercise Under 708A Notice

Story Highlights
  • West Wits Mining has issued 625,000 new fully paid ordinary shares on option exercise.
  • The company confirms regulatory compliance and no excluded information in this routine capital move.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
West Wits Mining Issues New Shares on Option Exercise Under 708A Notice

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

West Wits Mining Limited has issued 625,000 fully paid ordinary shares upon the exercise of options, increasing its share capital without conducting a separate disclosure to investors under the prospectus provisions of the Corporations Act. The company has confirmed that it remains compliant with its continuous disclosure and financial reporting obligations, and has stated there is no excluded information relevant to the new share issue, signalling that the capital move is routine and in line with regulatory requirements.

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: 14,364,411

Technical Sentiment Signal: Buy

Current Market Cap: A$326.7M

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

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