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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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Balkan Mining and Minerals Ltd ( (AU:BMM) ) has issued an update.

Bayan Mining and Minerals Limited, listed on the ASX as BMM, has announced the issuance of 1,138,830 fully paid ordinary shares following the conversion of unlisted options at $0.075 per share. This move, conducted without disclosure to investors under certain provisions of the Corporations Act, signifies the company’s compliance with relevant legal requirements and indicates no undisclosed information that would typically be expected in a disclosure document.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 2,791,517

Technical Sentiment Signal: Buy

Current Market Cap: A$26.66M

See more insights into BMM stock on TipRanks’ Stock Analysis page.

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