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West Wits Mining Limited Issues New Shares to Bolster Financial Position

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West Wits Mining Limited Issues New Shares to Bolster Financial Position

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An announcement from West Wits Mining Limited ( (AU:WWI) ) is now available.

West Wits Mining Limited announced the issuance of 431,375,000 fully paid ordinary shares at $0.04 per share, without disclosure to investors under Part 6D.2 of the Corporations Act 2001. This strategic move aims to strengthen the company’s financial position, potentially enhancing its operational capabilities and market presence.

More about West Wits Mining Limited

West Wits Mining Limited operates in the mining industry, focusing primarily on the exploration and development of gold mining projects. The company is engaged in advancing its projects to production, with a particular emphasis on leveraging its assets in South Africa and Australia.

Average Trading Volume: 13,143,809

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$138.9M

See more data about WWI stock on TipRanks’ Stock Analysis page.

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