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Westar Resources Issues 38 Million New Shares to Related Parties

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Westar Resources Issues 38 Million New Shares to Related Parties

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Westar Resources Ltd. ( (AU:WSR) ) has issued an update.

Westar Resources has issued 38 million fully paid ordinary shares to related parties in line with approvals granted at its 2025 Annual General Meeting. The company stated that the shares were issued without a prospectus under Australian Corporations Act provisions and confirmed it remains compliant with continuous disclosure and financial reporting obligations, indicating there is no undisclosed information material to assessing its financial position or the rights attached to the new securities.

More about Westar Resources Ltd.

Westar Resources Ltd is a Perth-based resources company focused on discovering, acquiring and developing high-quality gold and copper projects in supportive jurisdictions. Its projects are strategically located in Western Australia’s highly prospective Yilgarn Craton, particularly near Southern Cross and Sandstone, with an emphasis on creating value for shareholders and local communities.

Average Trading Volume: 1,254,514

Technical Sentiment Signal: Sell

Current Market Cap: A$2.75M

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

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