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Balkan Mining and Minerals Ltd Announces Proposed Securities Issue

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Balkan Mining and Minerals Ltd Announces Proposed Securities Issue

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Balkan Mining and Minerals Ltd ( (AU:BMM) ) has shared an announcement.

Balkan Mining and Minerals Ltd has announced a proposed issue of securities, specifically options expiring on December 6, 2027, with an exercise price of $0.075. The total number of securities to be issued is 27,301,352, and the process will follow a standard pro rata issue, which is non-renounceable. This issuance is part of the company’s strategy to raise capital and potentially enhance its market position by offering these securities to existing shareholders. The announcement outlines key dates, including the ex-date on September 11, 2025, the record date on September 12, 2025, the offer closing date on September 26, 2025, and the issue date on October 3, 2025.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 1,887,799

Technical Sentiment Signal: Buy

Current Market Cap: A$6.55M

See more insights into BMM stock on TipRanks’ Stock Analysis page.

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