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The latest update is out from Western Gold Resources Ltd. ( (AU:WGR) ).
Western Gold Resources Ltd. has issued 25,805,973 new fully paid ordinary shares to institutional and sophisticated investors as part of a larger placement of 56,250,000 shares. The remaining shares in Tranche 2 are pending shareholder approval and receipt of funds, expected to be addressed at the upcoming Annual General Meeting in November 2025.
More about Western Gold Resources Ltd.
Western Gold Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company primarily targets institutional and sophisticated investors for its funding initiatives.
Average Trading Volume: 928,577
Technical Sentiment Signal: Buy
Current Market Cap: A$39.78M
For an in-depth examination of WGR stock, go to TipRanks’ Overview page.