InvestSMART

Nagambie Resources Limited (ASX:NAG)

ALERT: Price-sensitive ASX Announcement for NAG
Current share price for NAG : $0.013 0 (-3.85%)+
Announcement
Release
7 Sep 2026 4:02PM
Price at Release
$0.013
Full Release
download
Summary
This announcement contains Nagambie Resources Limited’s response to an ASX price query dated 7 September 2026 regarding a rise in NAG’s share price from $0.013 on 4 September 2026 to $0.018 on 7 September 2026 and increased trading volume over the same period. Nagambie stated it was not aware of any undisclosed information that could explain the trading and confirmed it was not in possession of unannounced exploration results. The company referred to its 1 September 2026 announcement on Alkane diamond drilling at the Nagambie Mine, noting that the first batch of mineralised core samples had been delivered by Alkane to On Site Laboratory Services in Bendigo and that a steady flow of assay results was expected from September 2026 onward. Nagambie further said it had no other explanation for the trading activity, confirmed compliance with the ASX Listing Rules including Listing Rule 3.1, and confirmed that its response had been authorised and approved by the Board. The attached ASX letter set out the basis for the query, the deadline for response, and ASX’s guidance on disclosure, trading halts, suspension and release of correspondence.
Key Points
  • ASX issued a price query to Nagambie Resources Limited on 7 September 2026 after NAG shares rose from $0.013 to $0.018 and trading volumes increased.
  • Nagambie said it was not aware of any information not announced to the market that could explain the recent trading in its securities.
  • Nagambie confirmed it was not in possession of unannounced exploration results.
  • The company referenced its 1 September 2026 announcement about Alkane diamond drilling at the Nagambie Mine.
  • Nagambie noted that the first batch of mineralised core samples had been delivered by Alkane to On Site Laboratory Services in Bendigo.
  • A steady flow of assay results was expected from September 2026 onwards.
  • Nagambie said it had no other explanation for the recent trading in its securities.
  • The company confirmed compliance with the ASX Listing Rules, particularly Listing Rule 3.1.
  • Nagambie confirmed the response was authorised and approved by the Board.
  • The attached ASX letter outlined response requirements, disclosure obligations, possible trading halt or suspension, and ASX’s right to release the correspondence to the market.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.