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An announcement from Pathfinder Resources Ltd ( (AU:BM8) ) is now available.
Battery Age Minerals Ltd has announced the settlement of the initial tranche of a $3.0 million Placement, issuing 29,910,000 new fully paid ordinary shares. The Placement, which is being conducted in two tranches, includes plans to issue additional shares and options subject to shareholder approval, with a general meeting proposed to finalize these actions. This strategic move is expected to strengthen the company’s financial position and support its ongoing projects in the battery minerals sector.
More about Pathfinder Resources Ltd
Battery Age Minerals Ltd is a company operating in the minerals industry, focusing on the development and production of battery-related minerals. The company is listed on the Australian Securities Exchange under the ticker BM8 and is involved in projects that aim to supply essential materials for the growing battery market.
Average Trading Volume: 495,940
Technical Sentiment Signal: Sell
Current Market Cap: A$6.83M
See more data about BM8 stock on TipRanks’ Stock Analysis page.