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Black Rock Mining Limited ( (AU:BKT) ) just unveiled an update.
Black Rock Mining Limited has announced a General Meeting to be held on October 17, 2025, where shareholders will vote on two key resolutions. The first resolution seeks ratification for the issuance of 212,992,439 Placement Shares to institutional and sophisticated investors as part of Tranche 1, while the second resolution proposes the issuance of up to 263,198,038 Placement Shares under Tranche 2. These share placements are aimed at raising capital to support the company’s ongoing projects and strategic initiatives, potentially strengthening its financial position and market presence.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
More about Black Rock Mining Limited
Black Rock Mining Limited operates in the mining industry, focusing on the exploration and development of graphite projects. The company is primarily engaged in advancing its Mahenge Graphite Project in Tanzania, which is one of the largest JORC-compliant graphite resources globally.
Average Trading Volume: 1,600,198
Technical Sentiment Signal: Sell
Current Market Cap: A$32.16M
Learn more about BKT stock on TipRanks’ Stock Analysis page.