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Western Gold Resources Ltd. ( (AU:WGR) ) has provided an announcement.
Western Gold Resources Ltd. has completed the issuance of 30,444,027 new fully paid ordinary shares as the final tranche of a placement totaling 56,250,000 shares. This move, approved at the company’s 2025 Annual General Meeting, aims to strengthen its financial position and support its strategic initiatives in the gold mining sector.
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 institutional and sophisticated investors to support its growth and expansion in the gold market.
Average Trading Volume: 885,151
Technical Sentiment Signal: Buy
Current Market Cap: A$43.1M
Learn more about WGR stock on TipRanks’ Stock Analysis page.