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An update from West Wits Mining Limited ( (AU:WWI) ) is now available.
West Wits Mining Limited has announced a proposed issue of securities, which includes the issuance of 652,636,348 ordinary fully paid shares and 326,318,174 options with an exercise price of $0.0385, expiring two years from the issue date. This move is aimed at raising capital to support the company’s operational expansion and enhance its market positioning, potentially impacting stakeholders by increasing the company’s financial resources for future projects.
More about West Wits Mining Limited
West Wits Mining Limited operates in the mining industry, focusing on the exploration and development of gold mining projects. The company primarily engages in the production and sale of gold, with a market focus on expanding its mining operations and increasing its gold reserves.
Average Trading Volume: 4,146,336
Technical Sentiment Signal: Buy
Current Market Cap: A$70.96M
Learn more about WWI stock on TipRanks’ Stock Analysis page.