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Sunshine Gold Ltd ( (AU:SHN) ) has shared an update.
Sunshine Metals Limited has issued 4,911,111 fully paid ordinary shares at $0.015 per share, following the exercise of options, without the need for disclosure under the Corporations Act. This strategic move is part of the company’s efforts to enhance its financial standing and market presence, complying with relevant legislative requirements and ensuring transparency with its stakeholders.
More about Sunshine Gold Ltd
Sunshine Metals Limited operates in the metals industry and is listed on the Australian Securities Exchange (ASX) under the ticker SHN. The company is involved in the issuance and management of securities, focusing on the development and expansion of its capital base through strategic financial activities.
Average Trading Volume: 11,249,342
Technical Sentiment Signal: Buy
Current Market Cap: A$75.05M
For a thorough assessment of SHN stock, go to TipRanks’ Stock Analysis page.