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An update from Bindi Metals Ltd. ( (AU:BIM) ) is now available.
Bindi Metals Limited has announced a fully underwritten pro-rata non-renounceable entitlement offer of options, allowing eligible shareholders to acquire one new listed option for every two existing shares. This strategic move, detailed in their recent prospectus, aims to enhance shareholder value and strengthen the company’s financial position, potentially impacting its market standing and stakeholder interests.
More about Bindi Metals Ltd.
Bindi Metals is focused on exploration projects strategically located in tier one, highly prospective, world class mining jurisdictions with proven geological potential. The Company applies methodical, data driven exploration programs and is supported by an experienced technical team with a strong track record in discovery. Bindi’s aim is to identify and develop high quality resource assets that can create long term value for all stakeholders.
Average Trading Volume: 184,797
Technical Sentiment Signal: Sell
Current Market Cap: A$8.29M
Learn more about BIM stock on TipRanks’ Stock Analysis page.