White Cliff Minerals Issues New Shares Following WCNO Conversion

An update from White Cliff Minerals Limited ( (AU:WCN) ) is now available.

White Cliff Minerals Limited has issued 5,446,750 new ordinary shares following the conversion of an equivalent number of WCNO securities, slightly increasing its share capital base. The company confirmed that the share issue was conducted without a prospectus under the Corporations Act disclosure exemptions and stated it remains compliant with its financial reporting and continuous disclosure obligations, indicating no undisclosed price-sensitive information at the time of the issue.

The most recent analyst rating on (AU:WCN) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on White Cliff Minerals Limited stock, see the AU:WCN Stock Forecast page.

More about White Cliff Minerals Limited

White Cliff Minerals Limited is an Australia-based resources company listed on the ASX and OTC markets, focused on mineral exploration and development activities. Operating from Perth, Western Australia, the company is engaged in identifying and advancing mineral projects, with its securities traded under the codes WCN and WCMLF.

Average Trading Volume: 7,878,385

Technical Sentiment Signal: Sell

Current Market Cap: A$49.82M

See more insights into WCN stock on TipRanks’ Stock Analysis page.