West Wits Mining Issues New Shares to Bolster Financial Strategy
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West Wits Mining Limited ( (AU:WWI) ) has issued an announcement.
West Wits Mining Limited has issued a total of 2,175,000 fully paid ordinary shares, comprising 1,250,000 shares from the conversion of a convertible note and 925,000 shares from the exercise of unlisted options. This action, conducted without investor disclosure under specific provisions of the Corporations Act, reflects the company’s compliance with regulatory requirements and its strategic efforts to manage financial resources effectively.
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 presence and resource base.
Average Trading Volume: 12,631,194
Technical Sentiment Signal: Buy
Current Market Cap: A$159.2M
For detailed information about WWI stock, go to TipRanks’ Stock Analysis page.
