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Why Is Asra Minerals Becoming GoldArc Resources and Cutting Shares by 90%?

6:03pm on Friday 25th of July, 2025 AEST Mining
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Why Is Asra Minerals Becoming GoldArc Resources and Cutting Shares by 90%?

6:03pm on Friday 25th of July, 2025 AEST
Key Points
  • Proposed name change to GoldArc Resources reflecting gold-focused strategy
  • Share consolidation on a 10-for-1 basis to streamline capital structure
  • Current JORC-compliant gold resource of approximately 200,000 ounces
  • Shareholder approval sought at General Meeting on 27 August 2025
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