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Blackstone Minerals Ltd ( (AU:BSX) ) just unveiled an announcement.
Blackstone Minerals Limited has issued 15,210,000 ordinary shares to Discover Capital Partners at a price of $0.077 per share, following the implementation of a scheme announced on June 27, 2025. This move is part of the company’s strategic efforts to enhance its market positioning and operational scale, particularly in light of its recent merger and acquisition activities. The issuance aligns with compliance requirements under the Corporations Act, and the company encourages investor engagement through its Investor Hub.
More about Blackstone Minerals Ltd
Blackstone Minerals (ASX:BSX) is a prominent player in the copper-gold development sector in Southeast Asia, particularly after its merger with IDM International. The acquisition of the Mankayan Copper-Gold Project in the Philippines, one of Asia’s largest undeveloped porphyry systems, enhances its strategic value alongside its Ta Khoa nickel-cobalt project in Vietnam. The company is led by a team with extensive expertise in Southeast Asia and underground bulk mining, focusing on district-scale growth.
Average Trading Volume: 1,486,143
Technical Sentiment Signal: Buy
Current Market Cap: A$107.7M
See more data about BSX stock on TipRanks’ Stock Analysis page.