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WPG Resources issue shares as in-the-money options exercised

Published: 12:00 08 Dec 2016 AEDT

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Tarcoola is South Australia’s newest mine.

WPG now has 699 million shares on issue, with another 57 million of the above option series still to be converted.

The company recently commenced mining at the Tarcoola gold project located in South Australia.

WPG is on track to transport its first ore to the Challenger processing plant for treatment in mid-December.

Tarcoola is South Australia’s newest mine, and its development, together with the operating Challenger gold mine, will transform WPG to a successful mid-tier gold producer.

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