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The latest announcement is out from Bastion Minerals Ltd ( (AU:BMO) ).
Bastion Minerals Ltd has announced a non-renounceable rights issue to raise approximately $677,721, offering eligible shareholders the opportunity to subscribe for new shares. This initiative allows shareholders to acquire three new shares for every four they currently hold, at a price of $0.001 per share, potentially impacting the company’s capital structure and shareholder base.
More about Bastion Minerals Ltd
Bastion Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the acquisition and development of mineral properties, primarily targeting precious and base metals.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.81M
For detailed information about BMO stock, go to TipRanks’ Stock Analysis page.