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Bastion Minerals Ltd ( (AU:BMO) ) has issued an announcement.
Bastion Minerals Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 3,125,000 ordinary fully paid shares, with an expected issue date of 30 January 2026. The additional equity issuance is intended to support the company’s capital needs and may strengthen its balance sheet and funding flexibility, though it also implies potential dilution for existing shareholders as the company continues to position itself within the mining and exploration market.
The most recent analyst rating on (AU:BMO) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Bastion Minerals Ltd stock, see the AU:BMO Stock Forecast page.
More about Bastion Minerals Ltd
Bastion Minerals Limited, listed on the ASX under the code BMO, operates in the minerals and resources sector, focusing on the exploration and development of mineral assets. The company issues ordinary fully paid shares as its primary equity securities to fund ongoing corporate and project activities.
Average Trading Volume: 123,655
Technical Sentiment Signal: Sell
Current Market Cap: A$3.03M
Find detailed analytics on BMO stock on TipRanks’ Stock Analysis page.