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Western Gold Resources Ltd. ( (AU:WGR) ) has issued an update.
Western Gold Resources Limited announced a proposed issuance of securities, including 26 million unlisted options with a $0.15 exercise price and a two-year expiry, alongside 5,695,605 fully paid ordinary shares. This move aims to enhance the company’s capital structure, potentially strengthening its market position and supporting future exploration and development activities.
More about Western Gold Resources Ltd.
Western Gold Resources Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in identifying and extracting valuable mineral deposits, primarily gold, to supply the market.
Average Trading Volume: 590,414
Technical Sentiment Signal: Buy
Current Market Cap: A$20.7M
For detailed information about WGR stock, go to TipRanks’ Stock Analysis page.