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West Wits Mining Issues New Shares to Bolster Capital

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West Wits Mining Issues New Shares to Bolster Capital

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The latest update is out from West Wits Mining Limited ( (AU:WWI) ).

West Wits Mining Limited has announced the issuance of 10,625,000 fully paid ordinary shares following the exercise of unlisted options. This move, executed without the need for disclosure under specific provisions of the Corporations Act, signifies the company’s compliance with relevant regulatory requirements and reflects its strategic efforts to enhance its capital structure.

More about West Wits Mining Limited

West Wits Mining Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in projects primarily in South Africa and Australia, aiming to increase its gold production capabilities.

Average Trading Volume: 10,807,509

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$122.3M

Find detailed analytics on WWI stock on TipRanks’ Stock Analysis page.

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