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Western Gold Resources Ltd. ( (AU:WGR) ) just unveiled an announcement.
Western Gold Resources Ltd. has issued 1,000,000 new fully paid ordinary shares following the partial exercise of unlisted options that were originally granted to lenders under a $3 million secured, non-converting loan facility established in 2025. The company confirmed that the new shares were issued without a disclosure document under the Corporations Act, while stating it remains compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information requiring disclosure, signaling regulatory compliance and clarifying the capital structure for shareholders.
The most recent analyst rating on (AU:WGR) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Western Gold Resources Ltd. stock, see the AU:WGR Stock Forecast page.
More about Western Gold Resources Ltd.
Western Gold Resources Ltd. is an ASX-listed company operating in the resources sector, focused on gold exploration and development projects in Australia, providing investors with exposure to precious metals through its exploration and related activities.
Average Trading Volume: 988,968
Technical Sentiment Signal: Buy
Current Market Cap: A$70M
See more insights into WGR stock on TipRanks’ Stock Analysis page.