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Bayan Mining Issues New Shares Following Option Conversion

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Bayan Mining Issues New Shares Following Option Conversion

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The latest update is out from Balkan Mining and Minerals Ltd ( (AU:BMM) ).

Bayan Mining and Minerals Limited, listed on the Australian Securities Exchange under the ticker BMM, has issued 339,575 fully paid ordinary shares following the conversion of unlisted options at an issue price of $0.075 per share. This move is part of the company’s capital management strategy, executed without the need for disclosure under Part 6D.2 of the Corporations Act, and aligns with compliance requirements, indicating a stable regulatory standing.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 2,223,973

Technical Sentiment Signal: Buy

Current Market Cap: A$16.44M

See more data about BMM stock on TipRanks’ Stock Analysis page.

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