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Bayan Mining Issues New Shares Without Disclosure

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Balkan Mining and Minerals Ltd ( (AU:BMM) ) has provided an announcement.

Bayan Mining and Minerals Limited, a company listed on the Australian Securities Exchange, has issued 6,765,957 fully paid ordinary shares at an issue price of $0.047 per share. This issuance was conducted without disclosure to investors under the Corporations Act, relying on specific provisions that allow such actions. The company has confirmed compliance with relevant legal requirements and stated that no additional information is required for disclosure.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 682,794

Technical Sentiment Signal: Sell

Current Market Cap: A$2.79M

For a thorough assessment of BMM stock, go to TipRanks’ Stock Analysis page.

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