West Wits Mining Issues New Shares to Boost Capital
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West Wits Mining Limited ( (AU:WWI) ) has shared an announcement.
West Wits Mining Limited announced the issuance of 11,125,000 fully paid ordinary shares at $0.04 per share without disclosure to investors under specific provisions of the Corporations Act. This move complies with relevant legal requirements and indicates the company’s ongoing efforts to raise capital, potentially 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 mining projects. The company is primarily engaged in the production of gold and related minerals, with a market focus on expanding its mining operations and increasing its resource base.
Average Trading Volume: 13,996,200
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$152.8M
For an in-depth examination of WWI stock, go to TipRanks’ Overview page.
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