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Burgundy Diamond Mines Ltd ( (AU:BDM) ) has shared an announcement.
Burgundy Diamond Mines has notified the market that it will issue 156,185,448 unquoted Tranche A Warrants, each with an exercise price of 1.7 cents and an expiry date of 17 December 2035. The substantial warrant issue, recorded on 18 December 2025, represents a significant potential source of future equity capital for the company and may lead to dilution for existing shareholders if exercised, while providing Burgundy with additional financial flexibility to support its strategic and operational plans.
The most recent analyst rating on (AU:BDM) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Burgundy Diamond Mines Ltd stock, see the AU:BDM Stock Forecast page.
More about Burgundy Diamond Mines Ltd
Burgundy Diamond Mines Limited is an Australia-listed resources company focused on the exploration and development of diamond mining assets. The company operates within the global diamond industry, targeting opportunities across the value chain from mining to potential downstream activities, and is listed on the ASX under the code BDM.
Average Trading Volume: 2,575,453
Technical Sentiment Signal: Sell
Current Market Cap: A$24.16M
See more data about BDM stock on TipRanks’ Stock Analysis page.