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Bayan Mining Issues New Shares Without Disclosure

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Bayan Mining Issues New Shares Without Disclosure

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Balkan Mining and Minerals Ltd ( (AU:BMM) ) just unveiled an announcement.

Bayan Mining and Minerals Limited, trading on the ASX under the ticker BMM, has announced the issuance of 6,250,000 fully paid ordinary shares at an issue price of $0.04 per share. This move was made without disclosure to investors under Part 6D.2 of the Corporations Act, relying on specific provisions of the Act. The company confirms compliance with relevant legal provisions and states there is no excluded information that would typically be required in a disclosure document.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 1,920,375

Technical Sentiment Signal: Buy

Current Market Cap: A$6.8M

Learn more about BMM stock on TipRanks’ Stock Analysis page.

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