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BBX Minerals Limited ( (AU:BCM) ) has issued an announcement.
Brazilian Critical Minerals Limited has announced a proposed issue of securities, with a maximum of 166,666,667 securities to be issued. This move is part of a placement or other type of issue, with the securities exercisable at $0.011 on or before three years from the issue date. The proposed issue date is set for July 30, 2025, and the company has applied for these securities to be quoted on the ASX. This announcement indicates a strategic effort to raise capital, potentially enhancing the company’s financial position and supporting its operations in the critical minerals sector.
More about BBX Minerals Limited
Brazilian Critical Minerals Limited operates in the mining industry, focusing on the exploration and development of critical minerals in Brazil. The company is involved in the extraction and processing of minerals essential for various industrial applications.
Average Trading Volume: 820,819
Technical Sentiment Signal: Sell
Current Market Cap: A$10.63M
For detailed information about BCM stock, go to TipRanks’ Stock Analysis page.