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West Wits Mining Issues New Shares to Boost Financial Strategy

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West Wits Mining Issues New Shares to Boost Financial Strategy

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

West Wits Mining Limited announced the issuance of 44,230,759 fully paid ordinary shares following the conversion of 23 convertible notes. This strategic move was conducted without the need for investor disclosure under Part 6D.2 of the Corporations Act 2001, ensuring compliance with relevant legal provisions, and potentially enhancing the company’s financial flexibility.

More about West Wits Mining Limited

West Wits Mining Limited operates in the mining industry, focusing on the exploration and development of gold and other mineral resources.

YTD Price Performance: 60.0%

Average Trading Volume: 2,297,127

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$41.2M

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

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