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Bastion Minerals Ltd Launches Rights Issue to Fund Exploration

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Bastion Minerals Ltd Launches Rights Issue to Fund Exploration

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Bastion Minerals Ltd ( (AU:BMO) ) has issued an announcement.

Bastion Minerals Ltd has announced a non-renounceable rights issue to raise approximately $677,721, aimed at funding the continuation of project evaluations and exploration planning, as well as covering working capital costs. The offer is available to shareholders in Australia and New Zealand, while those with registered addresses outside these regions are excluded, potentially impacting their financial interests.

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 primarily engaged in evaluating and planning exploration projects, with a market focus on shareholders in Australia and New Zealand.

Technical Sentiment Signal: Sell

Current Market Cap: A$1.81M

For an in-depth examination of BMO stock, go to TipRanks’ Overview page.

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