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WIN Metals Issues 7.7 Million New Shares via Performance Rights Conversion

Story Highlights
  • WIN Metals issued 7,684,500 new ordinary shares after converting vested performance rights.
  • The company confirmed regulatory compliance and no undisclosed information affecting investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WIN Metals Issues 7.7 Million New Shares via Performance Rights Conversion

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Widgie Nickel Limited ( (AU:WIN) ) has issued an update.

WIN Metals Ltd has issued 7,684,500 fully paid ordinary shares following the exercise and conversion of an equivalent number of vested unlisted performance rights, expanding its share capital base. The company has confirmed that these shares were issued without a prospectus under the disclosure exemptions of the Corporations Act, and that it remains compliant with its financial reporting and continuous disclosure obligations, with no undisclosed information that would materially affect investors’ assessment of the company or the rights attached to the new shares.

More about Widgie Nickel Limited

WIN Metals Ltd, listed on the ASX under the code WIN, is an Australian resources company involved in the exploration and development of metal assets, operating under the regulatory framework of the Corporations Act 2001 and ASX continuous disclosure requirements.

Average Trading Volume: 5,090,337

Technical Sentiment Signal: Hold

Current Market Cap: A$27.18M

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

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