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Balkan Mining and Minerals Ltd ( (AU:BMM) ) just unveiled an update.
Bayan Mining and Minerals Limited has issued 336,038 fully paid ordinary shares at a deemed issue price of $0.088 per share, expanding its quoted share capital on the ASX. The company confirmed the new shares were issued without a prospectus under relevant Corporations Act provisions, stated it remains compliant with its continuous disclosure and financial reporting obligations, and advised that there is no excluded or undisclosed information that investors would reasonably expect to find in a disclosure document, reinforcing transparency and regulatory compliance for shareholders.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
More about Balkan Mining and Minerals Ltd
Bayan Mining and Minerals Limited (ASX:BMM) is an Australian-listed resources company based in Perth, operating in the mining and minerals sector with a focus on exploring and developing mineral assets, and its ordinary shares are quoted on the Australian Securities Exchange.
Average Trading Volume: 1,206,039
Technical Sentiment Signal: Hold
Current Market Cap: A$15.54M
Find detailed analytics on BMM stock on TipRanks’ Stock Analysis page.