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Ballymore Resources Limited ( (AU:BMR) ) has shared an announcement.
Ballymore Resources Limited has issued 666,667 Ordinary Shares without disclosure to investors under the Corporations Act. This move is compliant with relevant legal provisions, and the company confirms there is no excluded information at this time. The share issue is part of Ballymore’s ongoing efforts to strengthen its financial position and support its exploration and development activities in Queensland’s mineral belts, potentially impacting its market positioning and stakeholder interests.
More about Ballymore Resources Limited
Ballymore Resources Limited is engaged in exploration and development projects within Queensland’s mineral-rich belts, focusing on gold and base metals. The company holds two Mining Leases and fourteen Exploration Permits across four project areas, covering a total area of 1,517 km². Known deposits in the region include significant gold and copper reserves, occurring in diverse geological settings.
Average Trading Volume: 162,844
Technical Sentiment Signal: Buy
Current Market Cap: A$39.17M
For a thorough assessment of BMR stock, go to TipRanks’ Stock Analysis page.