tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Balkan Mining and Minerals Ltd Announces Loyalty Options Issue

Story Highlights
Balkan Mining and Minerals Ltd Announces Loyalty Options Issue

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Balkan Mining and Minerals Ltd ( (AU:BMM) ) has issued an update.

Balkan Mining and Minerals Ltd has announced a pro-rata non-renounceable entitlement issue of Loyalty Options, allowing shareholders to purchase options at a nominal price, which are exercisable at a set price before December 2027. This move is aimed at raising up to $33,319, based on current shares, and is considered highly speculative, with the offer not extending to shareholders outside Australia and New Zealand.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 2,780,281

Technical Sentiment Signal: Buy

Current Market Cap: A$25.32M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1