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Zuleika Gold Limited ( (AU:ZAG) ) has issued an update.
Zuleika Gold Limited has announced the issuance of 100,000,000 new fully paid ordinary shares after receiving $2,000,000 from Yandal Investments Pty Ltd through option exercise funds. This move indicates a strategic capital raising effort that could enhance the company’s financial position and support its ongoing operations in the gold exploration sector.
More about Zuleika Gold Limited
Zuleika Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold resources. The company is listed on the Australian Securities Exchange under the ticker ASX: ZAG.
Average Trading Volume: 911,532
Technical Sentiment Signal: Buy
Current Market Cap: A$22.41M
Learn more about ZAG stock on TipRanks’ Stock Analysis page.