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An update from Bastion Minerals Ltd ( (AU:BMO) ) is now available.
Bastion Minerals Ltd has announced the issuance of 13,854,954 fully paid ordinary shares as a settlement for outstanding supplier invoices. This move is part of the company’s strategy to manage its financial obligations and could impact its liquidity and stakeholder relations by converting liabilities into equity.
More about Bastion Minerals Ltd
Bastion Minerals Ltd is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code BMO.
Technical Sentiment Signal: Sell
Current Market Cap: A$2.22M
See more insights into BMO stock on TipRanks’ Stock Analysis page.