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Western Mines Group Issues Unquoted Securities to Bolster Financial Position

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Western Mines Group Issues Unquoted Securities to Bolster Financial Position

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Western Mines Group Ltd ( (AU:WMG) ) has shared an announcement.

Western Mines Group Ltd has announced the issuance of 500,000 unquoted securities, specifically options expiring on July 31, 2027, at an exercise price of $0.30. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, indicating a strategic move to strengthen the company’s financial position and support its ongoing projects.

More about Western Mines Group Ltd

Western Mines Group Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in identifying and developing mining projects, primarily targeting valuable minerals.

Average Trading Volume: 145,229

Technical Sentiment Signal: Buy

Find detailed analytics on WMG stock on TipRanks’ Stock Analysis page.

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