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White Cliff Minerals Issues 25 Million Shares Following Performance Rights Conversion

Story Highlights
  • White Cliff Minerals issued 25 million shares after converting Class D Performance Rights.
  • This issuance aligns with regulatory compliance, enhancing market position and investor trust.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
White Cliff Minerals Issues 25 Million Shares Following Performance Rights Conversion

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White Cliff Minerals Limited ( (AU:WCN) ) has shared an update.

White Cliff Minerals Limited has announced the issuance of 25 million ordinary shares following the conversion of vested Class D Performance Rights. This move, compliant with the Corporations Act 2001, signifies the company’s commitment to transparency and adherence to regulatory requirements, potentially strengthening its market position and investor confidence.

More about White Cliff Minerals Limited

White Cliff Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is engaged in identifying and advancing mineral projects with potential for significant returns.

YTD Price Performance: 56.25%

Average Trading Volume: 20,078,177

Technical Sentiment Signal: Buy

Current Market Cap: A$60.33M

For an in-depth examination of WCN stock, go to TipRanks’ Overview page.

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