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Black Bear Minerals Expands Share Issuance to Boost Market Liquidity

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Black Bear Minerals Expands Share Issuance to Boost Market Liquidity

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James Bay Minerals Limited ( (AU:JBY) ) has shared an announcement.

Black Bear Minerals Limited has announced the issuance of 34,074,617 fully paid ordinary shares, which include Tranche 2 Placement Shares, Director Placement Shares, and CEO Shares, as approved by shareholders. This move, facilitated under section 708A(5) of the Corporations Act 2001, allows the new shares to be traded immediately, reflecting the company’s compliance with relevant regulatory provisions and enhancing its market liquidity.

More about James Bay Minerals Limited

Black Bear Minerals Limited, formerly known as James Bay Minerals Limited, operates in the mining industry. The company is involved in the exploration and development of mineral resources, focusing on expanding its portfolio through strategic placements and shareholder approvals.

Average Trading Volume: 600,589

Technical Sentiment Signal: Buy

Current Market Cap: A$79.17M

For an in-depth examination of JBY stock, go to TipRanks’ Overview page.

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