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Western Gold Resources Ltd. ( (AU:WGR) ) has provided an update.
Western Gold Resources Ltd. has issued 24,776,262 new fully paid ordinary shares to professional and sophisticated investors as part of a capital raising initiative announced in April 2025. This move, conducted without disclosure under specific provisions of the Corporations Act, signifies the company’s compliance with relevant legal requirements and its strategic effort to bolster financial resources, potentially enhancing its market position and operational capabilities.
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 targets professional and sophisticated investors for its capital raising efforts.
Average Trading Volume: 404,710
Technical Sentiment Signal: Buy
Current Market Cap: A$12.7M
See more insights into WGR stock on TipRanks’ Stock Analysis page.