West Wits Mining Expands Share Capital with New Issuance
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
West Wits Mining Limited ( (AU:WWI) ) has issued an update.
West Wits Mining Limited announced the issuance of 2,625,000 fully paid ordinary shares following the exercise of unlisted options, with an exercise price of $0.023 and an expiry date in September 2027. This move, executed without disclosure to investors under specific provisions of the Corporations Act, reflects the company’s compliance with regulatory requirements and potentially strengthens its capital structure, impacting its operational capabilities and market positioning.
More about West Wits Mining Limited
West Wits Mining Limited operates in the mining industry, focusing on the exploration and development of gold and other precious metals. The company is engaged in projects primarily located in South Africa and Australia, aiming to enhance its market position in the global mining sector.
Average Trading Volume: 21,856,192
Technical Sentiment Signal: Buy
Current Market Cap: A$245.3M
Learn more about WWI stock on TipRanks’ Stock Analysis page.
