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Black Rock Mining Limited ( (AU:BKT) ) has issued an announcement.
Black Rock Mining Limited has announced a share purchase plan (SPP) allowing eligible shareholders to purchase new shares and receive options, pending shareholder approval at a general meeting. The company has secured a waiver from ASX to facilitate voting on the SPP without excluding participating shareholders, ensuring equitable participation and aligning share prices with previous offerings to institutional investors.
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 is an Australian company operating in the mining industry, primarily focusing on the development and production of graphite resources. The company has a significant presence in Tanzania through its Faru Graphite Corporation Limited, aiming to supply high-quality graphite to global markets.
Average Trading Volume: 1,536,477
Technical Sentiment Signal: Sell
Current Market Cap: A$32.16M
For an in-depth examination of BKT stock, go to TipRanks’ Overview page.