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New Murchison Gold Issues 20 Million Unquoted Equity Securities

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An announcement from Ora Gold ( (AU:NMG) ) is now available.

New Murchison Gold Limited, operating under the ASX issuer code NMG, has announced the issuance of 20 million unquoted equity securities, specifically options expiring on May 5, 2028, with an exercise price of $0.0236 each. This move is part of the company’s strategic financial maneuvers, potentially impacting its market positioning by increasing its capital base and providing future financial flexibility.

More about Ora Gold

YTD Price Performance: 15.38%

Average Trading Volume: 103,125

Technical Sentiment Signal: Sell

Current Market Cap: €84.3M

Learn more about NMG stock on TipRanks’ Stock Analysis page.

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