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Nelson Resources Addresses ASX Query on Trading Activity

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Nelson Resources Addresses ASX Query on Trading Activity

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Nelson Resources Ltd. ( (AU:NES) ) has shared an update.

Nelson Resources Ltd. responded to a query from the ASX regarding recent price and volume changes in its securities, attributing the activity to ongoing confidential discussions about a Right to Mine contract and movements in the gold market. The company assured compliance with ASX Listing Rules, maintaining confidentiality about the contract negotiations, and confirmed that the responses were authorized by its Board of Directors.

More about Nelson Resources Ltd.

Nelson Resources Ltd. operates in the mining industry, focusing on gold exploration and development. The company is involved in junior exploration activities and is influenced by fluctuations in the gold market.

Current Market Cap: A$8.69M

For detailed information about NES stock, go to TipRanks’ Stock Analysis page.

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